FAAC
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Economy
FAAC shares N1.298tr to Fed, States, LGAs for September 2024
A communiqué from the FAAC meeting noted the total available revenue for September 2024 stood at N2.258 trillion.
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Economy
FG, States, councils share N1.203tr for August 2024
The FAAC communiqué also reported that the total revenue available for distribution in August 2024 was N2.278 trillion.
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Economy
21 states seek N1.65trn loans despite rise in FAAC disbursement
Twenty one states of the federation are seeking loans amounting to N1.65 trillion to fund their 2024 budget deficits despite…
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Economy
FAAC disburses N1.36tn to FG, states, LGs in July
The Federation Account Allocation Committee says it shared a total sum of N1.36tn to the three tiers of government as…
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Economy
774 councils got N1.41tr from federation account in six months – Report
Local Government Councils got N1.699 trillion form the federation account in the first half of this year. Monthly releases by…
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