FAAC

FAAC Shares N1.2trn August Revenue To FG, States, LGs

September 17, (THEWILL) – The Federation Allocation Account Committee (FAAC) has shared a total sum of N1,203 trillion to the Federal Government, States and Local Government Councils as August 2024 Federation Account Revenue. The figure represents a decrease of 11...

FAAC Shares N1.358trn July Revenue To FG, States, LGs

August 16, (THEWILL) – A communiqué issued by FAAC and signed by a spokesperson for the Accountant General of the Federation, Bawa Mokwa, explained that the N1.358 trillion total distributable revenue comprised distributable statutory revenue of N161.593 billion, distributable...

FAAC Shares N1.143trn May Revenue To FG, States, LGs

June 10, (THEWILL) - The Federation Allocation Account Committee (FAAC) has shared a total sum of N1,143 trillion to the Federal Government, States and Local Government Councils, as May 2024 Federation Account Revenue. Mohammed Manga, the Director of Information and...

FAAC Shares N1.2trn February 2024 Revenue To FG, States, LGs

March 22, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared a total of N1.152 trillion to the Federal Government, States and Local Government Councils. A statement issued on Thursday night by Mohammed Manga, Director of Press and...

FAAC Shares N1.149trn January Revenue To FG, States, LGs

February 22, (THEWILL) - The Federation Account Allocation Committee (FAAC), has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and Local Governments. This was shared at the February 2024 meeting of the...

FAAC: FG, States, LGs Share N1.127tn December Revenue

January 23, (THEWILL) - The Federation Account Allocation Committee (FAAC), has shared a total sum of N1,127.408 trillion December 2023 Federation Account Revenue to the Federal Government, States, and Local Government Councils. This was disclosed in a communiqué issued...

FAAC: FG, States, LGs Share N1.088trn November Revenue

December 15, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.088 trillion from November 2023 revenue actual to the federation account, to the federal, state and local governments in the country. A communique issued...

We’re Working With NEITI, Others To Reconcile 2021 Report – NNPCL

November 7, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL), has said it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and other stakeholders, to reconcile alleged indebtedness by the company and Federation Accounts Allocation Committee...

FAAC: FG, States, LGs Share N903.48bn September Revenue

October 25, (THEWILL) - The Federation Account Allocation Committee (FAAC), has shared a total sum of N903.480 billion, September 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. A communiqué issued by the...

FAAC: FG, State, LGAs Share N1.1trn August Revenue

September 29, (THEWILL) – The Federation Account Allocation Committee (FAAC), has shared a total sum of N1.101 trillion August 2023 revenue, to the three tiers of government, being monthly allocation from the Joint Federation Account. A communiqué issued by FAAC...
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