An analysis of data from the public debt reports released by the Debt Management Office, said the rise was 14.57 per cent higher than the N10.01tn recorded in December 2023.

Buoyed by the healthy IGR profile, Governor Fubara recently boasted that a court decision stopping the release of federal ...

The revenue of the Federation Account earnings (FAAC) rose to N6.28 trillion in the second quarter of 2024, driven by ...

The Federation Account Allocation Committee (FAAC), Thursday, disbursed a total of N1.298 trillion to the federal, state, and local governments from a gross revenue of N2.298 trillion for September.

In the 2023 fiscal year, the combined revenue of all 36 states in Nigeria increased significantly by 31.2 per cent from N6.6tn in 2022 to N8.66tn.

The Federal Accounts Allocation Committee (FAAC) has shared N1.298 trillion among the federal government, states, and local government councils (LGCs) for September. This is according to a ...

BudgiT, a public finance transparency-focused civil society organization, has said that only Lagos and Rivers states can take ...

BudgIT, a civic-tech organisation, says 32 states relied on the federal account allocation committee (FAAC) for at least 55 ...

This is according to a communique issued at the end of the FAAC meeting for October held on Thursday in Abuja. The communiqué was made available to newsmen by Bawa Mokwa, the Director ...

The revenue allocation was announced at the October 2024 meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja on Thursday. The N1.298 trillion distributable revenue comprised ...

In the second quarter of 2024, the Federation Account earnings (FAAC) generated N6.28 trillion in income, primarily due to substantial collections from excise taxes, customs, and value-added tax (VAT) ...