faac

FAAC: FG, States, LGs share N1.659trn

By Matthew Denis              A total of N1.659 trillion in Federation Account revenue for May 2025 has been distributed among the Federal Government, State Governments, and Local Government Councils.   This was disclosed in a statement…

Senate urges FG to include local govt reps in FAAC

The Nigerian Senate has called for the Federal Government to amend the composition of the Federation Account Allocations Committee (FAAC) to include representatives from Local Government Councils (LGCs) across states and the Federal Capital Territory (FCT). This recommendation followed the…

Senate calls for recomposition of FAAC

The Senate has asked the Federal Government to ensure that representatives of Local Government Councils (LGCs) per state, and the Federal Capital Territory (FCT) Councils, are included in the Federation Account Allocations Committee (FAAC). This, the upper chamber said, is…

FG, States, LGAs share N1.578trn

By Matthew Denis, Abuja A total of N1.578 trillion, representing the March 2025 Federation Account Revenue, has been distributed to the Federal Government, States, and Local Government Councils. The allocation was made at the April 2025 Federation Account Allocation Committee…

FAAC postpones February meeting indefinitely

The Federation Account Allocation Committee has announced the indefinite postponement of its February 2025 meetings. FAAC Secretary, Ali Mohammed, disclosed this in a statement released on Thursday. “Further to our earlier notice referenced F.12090/T/68 dated February 14, 2025 on the…