Tag: FAAC
FAAC: FG, states, LGAs shared N1.4trn in October | VAT revenue increased by 14%
The federation account allocation committee (FAAC) says it shared N1.41 trillion among the three tiers of government in October 2024. The amount ...FAAC: FG, states, LGAs shared N1.35trn in July
The federation account allocation committee (FAAC) says the three tiers of government shared N1.358 trillion in July. This represents N4 billion increase ...Revenue-generating agencies fail to remit N4.1tn – FAAC
The monies unremitted by Revenue Generating Agencies to the coffers of the Federal Government increased to N4.1tn as of June 2024, the ...Adamawa sues FG over FAAC revenue distribution
The Adamawa State Government has instituted a suit against the federal government before the supreme court over revenue distribution from the federation ...FAAC shares N1.1trn March 2024 revenue to FG, States, LGs
The Federation Account Allocation Committee on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three ...FAAC shares N1.1trn December allocation with FG, states, LGAs
The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and ...FG, states, LGAs shared N1.08trn in November — FAAC
The federation account allocation committee says it shared N1,088.783 trillion with the three tiers of government in November 2023. FAAC, according to ...FAAC shares N907bn: FG N345.56bn, States N295.95bn, Councils N218.06bn
The Federation Account Allocation Committee has shared N907.05 billion June Federation Account revenue to the Federal Government, States and Local Governments. This ...Despite naira float, FAAC adopts N436.38/$1 FX rate for June
The Federation Account Allocation Committee has adopted N436.38/$ as exchange rate for the calculation of the forex component of federally corrected revenues. ...FAAC shares N786bn to FG, states, LGAs
The Federation Account Allocation Committee has shared a total sum of N786.161 billion to the federal, state a d Local Governments. It ...