Governors of the federation’s recent boycott of the Federal Account Allocation Committee (FAAC) meeting has taken a toll on the timely payment of their workers’ salaries and other key financial ...

A total of N2.094 trillion from the October 2025 Federation Account revenue has been shared among the Federal Government, the 36 states and the 774 local government councils. The allocation was ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Ebony Howard is a certified public accountant and a QuickBooks ...

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025 — the highest ever allocation to the three tiers of government and other ...

The Federation Account Allocation Committee revenue has recorded a 9.6 per cent or N159bn increase as a sum of N1.818tn was shared as June 2025 allocations to the Federal Government, states, and local ...

The Federation Account Allocation Committee Committee (FAAC) has shared a total sum of N1.818 trillion, being June revenue to the Federal Government, states and the Local Government Councils (LGs).

The Federation Account Allocation Committee, FAAC, distributed a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils ...

The Federation Accounts Allocation Committee (FAAC) has disbursed a total of N1.578 trillion to the Federal Government, states, and local government areas (LGAs) from the March 2025 revenues, marking ...

In Nigeria, the Federal Account Allocation Committee (FAAC) disburses funds to support local government activities and drive development in areas with high revenue potential. Over the past three ...

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.