FAAC Shares N2.26tn April Revenue as Allocations Rise
By Sofiat Adenekan-Abdul The Federation Account Allocation Committee (FAAC) has distributed N2.26 trillion in April 2026 revenue among the Federal Government, state governments, and local government councils, marking an increase of N217 billion from the N2.04 trillion shared in the previous month. The latest allocation represents a 10.6 per cent rise compared to the March […]
FG, States, LGs Share N2.036tn March Revenue
By Oluwakemi Kindness The Federal Government, state governments, and local government councils have shared a total of N2.036 trillion as Federation Account Allocation Committee (FAAC) revenue for March 2026. The distribution followed the April FAAC meeting held in Abuja, according to a communiqué issued by Bawa Mokwa, Director of Press at the Office of the […]
FAAC Shares ₦1.969 Trillion Federation Account Revenue
By Oluwakemi Kindness The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.969 trillion for the December 2025 Federation Account Revenue among the Federal Government, State Governments, and Local Government Councils. The Federal Government received ₦653.5 billion, State Governments were allocated ₦706.469 billion, while Local Government Councils got ₦513.272 billion. In addition, ₦96.083 […]
FG, States, LGs Share N2.23tn August Revenue — FAAC
By Oluwakemi Kindness The Federation Account Allocation Committee (FAAC) has shared a total of N2.225 trillion among the three tiers of government as federation account revenue for August 2025. According to a communiqué issued at the end of the FAAC meeting held on Wednesday in Abuja, the revenue comprised N1.479 trillion statutory revenue, N672.90 billion […]
FAAC Disburses N2trn to Three Tiers of Government in July
By Oluwakemi Kindness The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion as July 2025 Federation Account Revenue to the Federal Government, states, and local government councils. The allocation was made at the FAAC meeting held in Abuja on Friday, according to a communiqué issued after the session. The N2.001 […]
FAAC Distributes N1.66tr Revenue
By Oluwakemi Kindness The Federation Account Allocation Committee (FAAC), has shared a total sum of N1.659 trillion to the Federal Government, States and the Local Government Councils. The N1.659 trillion being revenue for May 2025 was shared at the June 2025 FAAC meeting held in Abuja. The sum comprised statutory revenue of N863.895 billion, Value […]
Federal, States, LGCs Share N1.681 Trillion in April Revenue
By Oluwakemi Kindness The Federal Account Allocation Committee (FAAC) has shared a total sum of N1.681 trillion, being April 2025 Federation Account Revenue. The revenue shared to the Federal Government, States and the Local Government Councils took place at the May 2025 FAAC meeting held in Abuja. The N1.681 trillin revenue comprised statutory revenue of […]
Federal Government Set To Pay Arrears Of Wage Award
By Oluwakemi Kindness The Federal Government on Monday says it is set to pay the outstanding five months N35,000 wage award arrears to federal government workers. The Office of the Accountant General of the Federation (OAGF) made this known in a statement issued in Abuja by the Director Press, Bawa Mokwa. The OAGF explaines that […]
FAAC Shares N1.578trn As March 2025 Allocation
By Oluwakemi Kindness The Federal Government, States and the Local Government Councils have shared the sum of N1.578 trillion, being March 2025 Federation Account Revenue. The revenue was shared at the April 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja;. The total revenue of N1.578 trillion comprised statutory revenue of N931.325 billion, Value […]
FAAC; Federal, State and LGCs Shares N1.678trn
Oluwakemi Kindness The Federal Government, States and the Local Government Councils have shared a total sum of N1.678 trillion as February 2025 Federation Account Revenue. The revenue was shared at the March 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja, chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale […]