Federation Account Allocation Committee

FG, 36 states, 774 LGAs share N8trillion in 2021

July 5, 2021April 24, 2019 by

FG, 36 states, 774 LGAs share N8trillion in 2018

Following the total revenue accruing into the Federal account in 2018, the total amount, which was N8trillion was shared among the Federal Government, and the 36 states and the 774 local government councils in Nigeria. This is contained in a new report by the Economic Confidential obtained by Vanguard on Monday. The allocations, according to … Read more

3 tiers of govt receive N1.93 trillion in 1st quarter

April 22, 2019 by

In the first quarter of 2019, all the three tiers of government in the country have received about N1.92 trillion from the Federation Account Allocation Committee FAAC, as reported by the National Bureau of Statistics NBS. The NBS said this in FACC monthly allocation for January, February and March 2019 Disbursement statistics published on its … Read more