The Federation Accounts Allocation Committee (FAAC) has disbursed N1.143 trillion among the Federal Government, States, and Local Government Councils. The distribution was made during the June 2024 FAAC meeting chaired by the…
Tag: FAAC
FAAC disburses N1.208trn to FG, states, LGs in April 2024 revenue
The Federation Account Allocation Committee (FAAC) has announced the disbursement of N1.208 trillion in revenue for April 2024 to the Federal Government, state governments, and local government councils across Nigeria. This allocation,…
FAAC splits N1.1trn among Federal, State, LGs in August
The Federation Account Allocation Committee (FAAC) has distributed N1.101 trillion in revenue produced in August 2023 to the three tiers of government as a monthly allocation from the Joint Federation Account. Despite…