The Federation Account Allocation Committee (FAAC) has stated that N1.123 trillion will be distributed to various tiers of government in…
Browsing: FAAC
The Federal Accounts Allocation Committee (FAAC) foreign exchange (FX) rate gain for the federal, state, and local governments was N2.52…
The eight-year administration of ex-President Muhammadu Buhari, was amongst others, characterized by indulgence and generosity to state governors in form of bailouts…
President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation as…
The Federal Government says it will only distribute N907 billion out of the June 2023 distributable revenue of N1.9 trillion,…
This was stated in the communiqué that was released following the FAAC meeting in April 2023. The entire distributable revenue…
Last month, the Federation Account Allocation Committee (FAAC) distributed N656.602 billion to the federal government, states, and local governments. However,…