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Tag: FAAC Allocation

Senate

News

Senate calls for inclusion of Local Govts in FAAC

Citing the recent Supreme Court ruling that states do not have rights or interests in allocations to the LGCs from…
Gov. Monday Okpebholo says his administration is utilizing increased resources from the FAAC to develop Edo for the benefit of the residents.

News

How Edo govt is utilizing increased FAAC allocation – Okpebholo

The Governor who assured Edo people of transparency and accountability, said his administration will be judicious in the use of…
FAAC shares N1.818 trillion, being June 2025 revenue to the Federal Government, states and the Local Government Councils (LGs).

News, Top Stories

FAAC: FG, states, LGs share N1.354 trillion for June 2024

According to the communiqué, from the N1.354 trillion total revenue, the Federal Government received total sum of N459.776 billion, the…
FCTA disburses N3.62 billion to the six Area Councils, teachers and pension scheme as statutory allocation for the month of May.

News

FCTA disburses N3.62bn to area councils, others

Dr Mariya Mahmoud, Minister of State FCT, presided over the 190th FCT Joint Account Allocation Committee meeting in Abuja on…
Naira

Business, Headlines

FG, States, LGs share N1.143 trillion revenue for May

Total revenue of N2,324.792 billion was available in the month of May 2024. Total deduction for cost of collection was…
Contrary to recent reports, the Nigerian government on Friday insists it has not suspended plans to remove petroleum subsidy by June, 2023

News

FAAC Allocation: FG, States, LGs share N736.782bn for October 

The N736.782 billion is inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and augmentation from non-oil revenue.
Gov. Yahaya Bello of Kogi State

News

Kogi blames salary delay on ‘worst FAAC allocation’ in 4 years

"While levels 7 and above in all MDAs, the pensioners as well as the Political Office Holders were paid 70%…