President Bola Tinubu has approved the cancellation of a substantial portion of legacy debts owed by the Nigerian National Petroleum…
Browsing: FAAC
A total sum of ₦1.928 trillion, being the Federation Account revenue for November, has been shared among the Federal Government,…
The Federation Account Allocation Committee (FAAC) has shared a total of N2.094 trillion as revenue for the month of October…
The Federal Account Allocation Committee (FAAC) has shared a total sum of N2.103 trillion, among the Federal Government, States and…
The Nigerian Government has stopped revenue-generating agencies from deducting portions of the funds they collect as the cost of collection,…
The Federation Account Allocation Committee (FAAC) has announced the disbursement of N2.22 trillion to the three tiers of government as…
In the first half of 2025, Nigeria’s 36 states received a combined ₦3.61 trillion in net allocations from the Federation…
The Federation Account Allocation Committee (FAAC) has shared a total of ₦2.001 trillion in revenue for July 2025 among the…
The Federation Account Allocation Committee (FAAC) disbursed a total of ₦5.99 trillion to states and local governments across Nigeria between…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced the process of reviewing Nigeria’s revenue-sharing formula to reflect current…