FAAC

Revenue allocation to federal, state and local governments has declined from a peak of N970.57bn in July 2021 to N680.783bn in May 2022, representing a 30 per cent reduction over the period. The decrease in allocation to these…

The Federation Account Allocation Committee has shared a total sum of N656.602 Billion April 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué…

Federation Accounts Allocation Committee (FAAC) on Wednesday shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. According to a statement…