Tag: allocation
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FG, states, LGs share N1.65trn May revenue
The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs).
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FAAC: FG, states, LGs share N1.578trn for March
The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Febderal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-
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How FG, States, LGs shared N1.703 trillion January FAAC allocation
The Federation Accounts Allocation Committee (FAAC) has shared the sum of N 1.703 trillion revenue among the Federal Government, states and the Local Government Councils (LGCs) for January.
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Assembly strips Cross River LG councils of 7.5% federal allocation
The Cross River House of Assembly has okayed the deduction of 7.5 per cent from the monthly federal allocation of each of the 18 Local Government Areas of the state.
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FAAC: How FG, States, LGAs shared N1.424trn December revenue
A total sum of N 1.424 trillion, being Dec. 2024 Federation Account Revenue has been shared to the Federal Government, states, and the Local Government Councils (LGCs).
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How FG, States, LGs shared N1.411trn October FAAC allocation
The Federation Accounts Allocation Committee (FAAC) has shared N1.411 trillion among the Federal Government, States and Local Government Councils (LGCs) for October.
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Just in: Finally, Federal High court stops CBN from releasing allocation to Rivers govt
A Federal High Court in Abuja has stopped the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to Rivers state government. The court held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara was a constitutional aberration that must not be allowed to continue. Justice…
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FG, States, LGAs share N1.203trn August revenue
The Federation Accounts Allocation Committee (FAAC) has shared N1.203 trillion revenue among the Federal Government, States and Local Government Councils (LGCs).
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FAAC: FG, States, LGs share N1.358 trillion
The Federation Accounts Allocation Committee (FAAC), has shared the sum of N1.358 trillion among the Federal Government, States and Local Government Councils (LGCs) for the month of July.
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FAAC shares N1.152trn revenue among FG, states, LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.152 trillion February revenue to the Federal Government, states and Local Government Councils (LGCs).