Latest News for: faac
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FAAC: Governors Demand Evidence of Presidential Write-off of NNPC’s $1.42bn, N5.5tn Debt
This Day 08 Feb 2026
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FAAC Disburses N1.969trn to FG, States, LGs as December Revenue Hits N2.585tn
This Day 03 Feb 2026
The three tiers of government yesterday received a total sum of N1.969 trillion as Federation Account Revenue for December 2025, as the Federation Account Allocation Committee (FAAC) held its first monthly meeting for 2026, in Abuja.
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N1.97trn FAAC standoff leaves government workers waiting for January salaries
Business Day Online 31 Jan 2026
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NNPC earns N445bn in PSC management fees in 11 months, FAAC data shows
Business Day Online 19 Dec 2025
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FAAC Disburses N1.923tn November Allocation as Federation Revenue Grosses N2.343tn
This Day 17 Dec 2025
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FAAC shares ₦1.92 trillion November revenue among federal, state and local governments
Business Day Online 16 Dec 2025
Nigeria’s Federation Account Allocation Committee (FAAC) shared ₦1.92 trillion in revenue for November among the federal government, states and local. read more FAAC shares ₦1.92 trillion November ...
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FAAC Disburses N1.923trn Nov Allocation As Federation Revenue Grosses N2.343tn
This Day 16 Dec 2025
Nigeria . 2 hours ago ... The Federation Account Allocation Committee (FAAC) Monday disbursed a total sum of N1.928 trillion to the three tiers of government for the month of November 2025, from a gross total of N2.343 trillion ... Doris Uzoka-Anite ... .
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FAAC Revenue Disbursements to FG, Subnationals Hit N18.5tn in 10 MonthsEmmanuel Addeh in Abuja
This Day 24 Nov 2025
The Federation Account Allocation Committee (FAAC) shared a record total of N18.54 trillion to the federal, state and local governments between January and October 2025, marking the strongest revenue distribution in recent history.
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Why Nigeria’s wealthiest states lag in citizen welfare
Business Day Online 24 Nov 2025
Nigeria’s 36 states received record allocations from the Federation Account (FAAC) in 2024, yet most have failed to translate those. read more Why Nigeria’s wealthiest states lag in citizen welfare ....
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FAAC Disburses N2.94tn as Federation Grosses N2.934tn in October
This Day 20 Nov 2025
Nigeria . 6 seconds ago ... The Federation Account Allocation Committee (FAAC), has disbursed a total sum of N2.094 trillion to the federal, state and local governments as Federation Allocation for the month of October 2025 ... .
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Enugu’s Fiscal Revolution: Why BudgIT Ranked Mbah’s State Most Likely To Survive Without FAAC
This Day 13 Nov 2025
... allocations from the Federation Account Allocation Committee (FAAC) ... That figure is far above the national average, where most states cover only 30–40 percent of their costs without FAAC inflows.
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