The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired by the Minister of Finance and the Coordinating…
Browsing: FAAC
Documents from the Federation Account Allocation Committee (FAAC) have revealed state governments’ contributions to non-import VAT pool. Agora Policy, on…
The Renaissance Patriots have commended the Federal Government for its decision to release monthly allocations directly to constitutionally recognized Local…
The Federation Accounts Allocation Committee (FAAC), has shared N1.411 trillion among the Federal Government, States and Local Government Councils (LGCs)…
The Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils…
The Federation Accounts Allocation Committee (FAAC), has shared N1.203 trillion in revenue among the Federal Government, states and Local Government Councils (LGCs).…
ASHENEWS reports that the Federation Account Allocation Committee (FAAC), shared a total sum of N1,354.371 trillion to the three tiers…
The Federal Account Allocation Committee (FAAC) disbursed N1.42 trillion to Nigeria’s 774 local government areas (LGAs) from the federal allocations…
Justice Agim directed that allocations from the Federation Account should be paid directly to local government councils, bypassing state government coffers. He pointed out that the governors’ retention of these funds has hindered the local government’s activities.
“Total deduction for cost of collection is N76.647 billion, while total transfers, interventions, and refunds is N1.104 trillion.