FAAC

FAAC: FG, States, LGAs Shares N736.782bn For Oct 2022

November 23, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared a total sum of N736.782 billion October 2022 Federation Account Revenue to the Federal, States and Local Governments. This is contained in a communiqué issued at the end...

FAAC Seeks End To Fuel Subsidy, Says Rising Public Debt Worrisome

November 18, (THEWILL) - The Federation Account Allocation Committee (FAAC) Post-Mortem Sub-Committee has noted with serious concerns, the nation’s rising public debt, describing it as worrisome. “The rising level of public debt and the increasing ratio of debt service to...

FG, States, LGAs Share N700.235bn For Sept 2022

October 27, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared N700.235 billion to the three tiers of government as federation allocation for September 2022. From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), and...

FG, States, LGs Share N673.137bn August Allocation

September 24, (THEWILL) – The Federation Account Allocation Committee (FAAC) has shared N673.137 billion to the three tiers of government, as federation allocation for August. A statement released on Friday, by Phil Abiamuwe-Mowete, Director (Information/Press), Federal Ministry of Finance,...

FAAC: FG, States, LGAs Share N739.965bn Revenue In September 

October 29, (THEWILL) - The Federation Accounts Allocation Committee (FAAC) has shared a total of N739.965 billion September 2021 federation account revenue to the federal, states and local governments areas. This was contained in a statement issued by the Office...

As VAT Earnings Fall, FG, States, LGCs Share N640.310bn For January 2021

BEVERLY HILLS, February 19, (THEWILL) - The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government a total of N640.310 billion for January. From this amount, inclusive cost of collection to NCS, DPR and FIRS, the Federal...

FG, States, LGs Share N647.35bn For January

BEVERLY HILLS, February 20 (THEWILL) – The Federal Government, States and Local Government Councils have shared a total of N647.353 billion from the Federation Account Revenue for January 2020. This was disclosed in a statement on Wednesday by the Deputy...
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Argentina Suffer 2-1 Defeat To Uruguay In First Match Without Messi

Argentina began life without Lionel Messi with a disappointing 2-1 defeat to Uruguay in an international friendly at La Bombonera in Buenos Aires on Friday.
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