FAAC meeting postponed as N1.7tn remittances tear states, NNPC apart The Federation Accounts Allocation Committee (FAAC) meeting earlier schedule for Wednesday could not hold. This...
FAAC: Why FG, govs must open accounts for 774 LGAs, says Ozekhome Senior Advocate of Nigeria, Mike Ozekhome, has advised governors, the federal government, and local government...
FAAC shares N1.78tn revenue for December to FG, states, LGs The Federation Account Allocation Committee (FAAC) has shared a total of N1.783 trillion from November 2023...
The Federation Account Allocation Committee (FAAC) has shared a sum of N1.1 trillion to the Federal Government, states and local government areas as August 2023 federation...
NNPC breaks the jinx, pays N123bn interim dividend to FAAC IN a move to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income...
FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves The 36 state governors have endorsed the proposal of the Federal Government not to share the...
The Federation Account Allocation Committee (FAAC) has shared N722.677 billion among the three tiers of government for February 2023. This is a drop of N27.497 billion...
The Federation Account Allocation Committee (FAAC) has asked the Nigerian National Petroleum Company (NNPC) to submit state-by-state consumption of Premium Motor Spirit (PMS), otherwise known as...
The Nigerian National Petroleum Corporation says it will deduct N114.3bn from its June remittance to the Federation Account and Allocation Committee due in July. In April,...
The Federal Government received a total of N1.54tn from its revenue generating agencies in the first quarter of 2021 with the Federal Inland Revenue Service making...