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FG, States, LGs Share N1.894tn February Revenue, Says FAAC

The Federation Account Allocation Committee (FAAC) has shared a total of N1.894 trillion as Federation Account revenue for February 2026 among the Federal Government, states, and local government councils. This was disclosed in a statement issued on Friday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, […]

FAAC Distributes ₦1.93 Trillion November Revenue to FG, States, LGs

A total of ₦1.928 trillion from November 2025 Federation Account revenue has been shared among the federal, state, and local governments. According to a communiqué from the Federation Account Allocation Committee (FAAC), the distribution was decided at the committee’s December 2025 meeting in Abuja. The total distributable revenue of ₦1.928 trillion comprised ₦1.403 trillion in […]

Allocation to FG, Others Up by 43% – NEITI

The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the federal, state, and local governments in 2024, marking a 43% increase compared to previous years. The Nigeria Extractive Industries Transparency Initiative (NEITI) revealed this in its latest FAAC Quarterly Review, released in Abuja. The agency attributed the rise in allocations to the […]

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