VAM News Update THE three tiers of government are set to share N1.959 trillion in July 2023 — probably a record. This is nearly triple the N786.161 billion shared in June and more than...
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Anxiety Over Salary Payment As FAAC Drops By N125bn
Some states are set to face fresh economic challenges as the Federal Allocation has dropped to a four-year low, Saturday. In January, the Federation Accounts Allocation Committee shared the sum of N574.66bn to the...
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2 Minutes
November 2021: FAAC Shares N675.946B To FG, States And LGCs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 Billion November 2021 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued...
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FAAC: Federal, States, LGs Revenue Down By N284b In October
The amount of revenue shared by the Federal Government, States and Local Government Councils (LGCs) dropped by N284.41 billion in October, the Accountant-General of the Federation (AGF), Ahmed Idris, announced on Wednesday. According to...
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Allocation: FG, States, LGs Share N697bn For August – FAAC
The Federation Accounts Allocation Committee (FAAC) has shared N696.965billion as federation allocation for August 2021. Oshundun Olajide, Deputy Director (Information), Ministry of Finance, provided details of the communique on Thursday....
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