Stakeholders in the economy and financial sectors have commended the Jigawa government for guaranteeing financial autonomy to the 27 local government areas of the state. They also lauded the conduct of local council election in the state in compliance with…
By Seun Ibiyemi The Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils (LGCs) for September. This is according to a communique issued at the end of FAAC meeting for…
By Matthew Denis In a bid to ensure divideds of Democracy, the House of Representatives on Tuesday urged the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to withhold allocations from the Federation Account to local government areas in the country…
The Federal Government has warned states and local government areas to brace for increased flooding as the country enters the peak of the rainy season. The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, handed down the warning at…
…As FAAC meets in Abuja By Seun Ibiyemi The Federation Accounts Allocation Committee (FAAC) has shared a total of N1.143 trillion to the federal government, states, and local government councils as revenue for May. This was announced at the end…
The Federation Account Allocation Committee (FAAC), at its May 2024 meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1,208.081 Trillion to the three tiers of government as Federation…
By Matthew Denis, Abuja The Federation Account Allocation Committee (FAAC), at its retreat and meeting has shared a total sum of N906.955 billion to the three tiers of government as Federation Allocation for the month of October, 2023. The Committee meeting…
In August 2023, the Federation Account Allocation Committee (FAAC) distributed a total of N1.80 trillion to the three tiers of government. This amount was derived from the revenue generated in July 2023. However, it represented a slight decrease compared to…
The Federation Account Allocation Committee (FAAC), at its meeting chaired by the Honourable Minister of Finance and Co-Ordinating Minister of the Economy, Wale Edun shared a total sum of N903.480 billion to the three tiers of government as Federation Allocation…
The Federation Account Allocation Committee (FAAC) has shared the sum of N966.110 billion July Federation Account Revenue to the Federal Government, States and Local Councils. This was contained in a communiqué issued at the end of the Federation Account Allocation…
