Tag: Federation Account Allocation Committee

FAAC: FG, States, and LGAs Share N1.298 Trillion in September

by Harry Choms

October 18, 2024

The Federation Account Allocation Committee (FAAC) has distributed N1.298 trillion to the Federal Government, state governments, and Local Government Councils (LGCs) for September 2024. This was revealed in a communiqué ...

FAAC Records N1.594trn In September, Disburses N903bn To 3 Tiers Of Govt

by Harry Choms

October 25, 2023

In September 2023, the Federation Account Allocation Committee (FAAC) reported a total revenue of N1,594,763 trillion, marking the second instance of higher revenue accrual since the removal of fuel subsidy ...