Following his inauguration as President of Nigeria in May 2023, Bola Tinubu announced in his inaugural address that his ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will arraign Zangina Galadima Zango, the ...

A further breakdown by the NBS showed that in the first half of 2024, the 36 states received N24.91 billion from the FAAC as ecological funds, with the North West getting N5.52 billion; North East, N4 ...

Data from the Nigeria Extractive Industries Transparency Initiative (NEITI) from its latest Quarterly Report on Federation Account Revenue Allocations for Q2, indicated that the federal government ...

NEITI says the federal government’s revenue from the FAAC decreased by N41.44 billion in the second quarter (Q2) of 2024.

The three tires of governments comprising federal, states and local government councils shared the total sum of N1.203 trillion as August revenue from federation purse. The distribution was endorsed ...

The Federation Account Allocation Committee (FAAC), at its September 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum ...

The Federation Accounts Allocation Committee (FAAC) has distributed N1.203 trillion in revenue to the Federal Government, ...

Despite a 40 percent increase in their statutory allocation from the Federation Account, the states collectively borrowed a ...

FAAC has announced disbursement of N1.2 trillion in revenue generated in August 2024 to FG, state governments, and local ...

The statement confirmed that the revenue disbursed in August included ₦186.636 billion in statutory revenue, ₦533.895 billion ...