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Tag "federation accounts allocation committee (FAAC)"

FAAC: FG, states, LGs share N699bn as allocation in December — up by N23bn

    FAAC: FG, states, LGs share N699bn as allocation in December — up by N23bn

The federation accounts allocation committee (FAAC) says it shared N699.824 billion among the three tiers of government for December 2021.  This represents an increase of N23.878 compared to N675.946 disbursed in

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Court okays substituted service on states in suit seeking financial autonomy for judiciary

    Court okays substituted service on states in suit seeking financial autonomy for judiciary

A federal high court in Abuja has ordered substituted service on the 36 state governors in a suit seeking financial autonomy for the judiciary. Binta Nyako, the presiding judge, gave

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VAT, CIT revenue ‘push’ December FAAC allocation by N18bn

    VAT, CIT revenue ‘push’ December FAAC allocation by N18bn

The three tiers of government shared N619.343 billion as federation allocation from the revenue generated in December 2020. This is higher than the N601.110 billion shared in December. Hassan Dodo,

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FAAC shares N682.06bn allocation for August — highest in five months

    FAAC shares N682.06bn allocation for August — highest in five months

The federation accounts allocation committee (FAAC) shared N682.060 billion among the three tiers of government for the month of August. The three tiers of government met virtually for the monthly

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FAAC disbursement down by N174.73bn as revenue dips in April

  FAAC disbursement down by N174.73bn as revenue dips in April

The federation accounts allocation committee (FAAC) shared N606.196 billion to the three tiers of government for the month of April.

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VAT, N360 exchange rate ‘push’ March FAAC disbursements by N199bn

  VAT, N360 exchange rate ‘push’ March FAAC disbursements by N199bn

Disbursements by the federation accounts allocation committee (FAAC) to the three tiers of government and the relevant agencies increased by

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NEITI: FAAC disbursment drops to N1.9trn — hits five-quarter low

  NEITI: FAAC disbursment drops to N1.9trn — hits five-quarter low

Disbursements from the federation accounts allocation committee (FAAC) hit a five-quarter low in the second quarter of 2019. According to

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REVEALED: Lagos revenue in 2018 was higher than that of the entire south-east

  REVEALED: Lagos revenue in 2018 was higher than that of the entire south-east

The total revenue received by the Lagos state government in 2018 was higher than what was received by the entire

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FAAC shares N668.8bn despite deadlock

  FAAC shares N668.8bn despite deadlock

The federation accounts allocation committee (FAAC) has disbursed N668.8 billion between the three tiers of government as revenue generated in

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April allocation dips by N20bn as FAAC resolves NNPC dispute

  April allocation dips by N20bn as FAAC resolves NNPC dispute

The April allocation made available to the three tiers of government by the federation accounts allocation committee (FAAC) was N20

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