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Economy

FAAC Shares N1.1trn To FG, States, LGs From Federation Account

By Louis Achi A total sum of N1.1trn from the federation account has been shared by the Federation Account Allocation Committee (FAAC) as allocation to...

Headline

FG, States, LGCs Share N739.96bn For Sept

The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement...

Headline

North-West Demands Lion Share Of Federal Allocation For States, LGAs

...RMAFC reveals why revenue allocation wasn’t reviewed for 29 years Governors of North Western region have demanded the lion shares of Revenue Allocation for both...

Economy

FG, States, LGs Share N696.9bn For August

The Federation Accounts Allocation Committee (FAAC) has shared N696.965 billion as federation allocation for August. This is contained in a statement issued on Thursday by...

Headline

FG, States, LGs Share N605.95bn In May

The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a total of N605.958 billion as May 2021 revenue to the Federal, States...

Business

36 States May Go Broke As NNPC Makes Zero Remittance To FAAC In May

A serious revenue nightmare awaits Nigeria's 36 states and the FCT as the Nigerian National Petroleum Corporation (NNPC) said it won't be able to...

News

FAAC: FG, States, Councils Share N680 billion

The Federation Accounts Allocation Committee (FAAC), on Thursday shared the sum of N680 billion among the three tiers of government for the month of...

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Opinion

Anyaoku, Gambari, Ike Nwachukwu, Others Call For Federal Reform, Say Nigeria Risks Break-up With Current ‘Centralised’ Structure