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Tag "FAAC"

FAAC: FG, states, LGAs shared N1.1trn in March — down by N30bn

    FAAC: FG, states, LGAs shared N1.1trn in March — down by N30bn

The federation account allocation committee (FAAC) says the three tiers of government shared N1.12 trillion in March 2024. The figure represents a decrease of N30 billion compared to the N1.15

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NEITI: Subsidy removal, naira float increased FAAC disbursement to N10trn in 2023

    NEITI: Subsidy removal, naira float increased FAAC disbursement to N10trn in 2023

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the three tiers of government shared N10.14 trillion from the federation account as statutory revenue allocations in 2023. Orji Ogbonnaya Orji, executive

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FAAC: FG, states, LGs shared N1.14trn in January — up by N22bn

    FAAC: FG, states, LGs shared N1.14trn in January — up by N22bn

The federation account allocation committee (FAAC) says it shared N1.14 trillion with the three tiers of government in January 2024. The figure represents an increase of N22 billion compared to

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Reps rescind decision to probe utilisation of N6.57trn FAAC allocation to states in 2023

  Reps rescind decision to probe utilisation of N6.57trn FAAC allocation to states in 2023

The house of representatives has rescinded its decision to investigate the utilisation of funds from the federal account allocation committee (FAAC)

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‘Poverty persists’ — reps to probe utilisation of N6.57trn FAAC allocation to states in 2023

  ‘Poverty persists’ — reps to probe utilisation of N6.57trn FAAC allocation to states in 2023

The house of representatives has resolved to investigate the utilisation of funds from the federal account allocation committee (FAAC) by states

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FAAC: FG, states, LGAs shared N1.1trn in December 2023 — up by N39bn

  FAAC: FG, states, LGAs shared N1.1trn in December 2023 — up by N39bn

The federation account allocation committee (FAAC) says it shared N1.12 trillion with the three tiers of government in December 2023.

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FAAC: FG, states, LGAs shared N906.9bn as allocation in October — up by N3.48bn

  FAAC: FG, states, LGAs shared N906.9bn as allocation in October — up by N3.48bn

The federation account allocation committee (FAAC) says it shared N906.955 billion with the three tiers of government in October 2023.

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