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FAAC shares N1.827trn revenue with federal, state, local governments in November

The revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation Committee, FAAC, increased by N490 billion, rising to N1.827 ...
The Nation Newspaper

FAAC distributes record N2tr revenue to federal, state, LGAs

The Federation Account Allocation Committee (FAAC) on Friday shared a record N2.001 trillion from the July 2025 Federation Account Revenue to the three tiers of government, making it the highest ...
The Punch on MSN

Govs bank on FAAC, loans to fund 2026 budgets

Nigerian states reveal 2026 budgets, showing heavy reliance on federal funding and loans due to weak IGR. This raises ...
Naija Gist - Latest

Top 10 LGAs with the highest FAAC allocations in the last 3 months

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 ...
Vanguard

FAAC distributes N1.3trn to FG, states, LGs

The Federation Account Allocation Committee (FAAC) has shared a total of N1.298 trillion among the Federal Government, State Governments, and Local Government Councils from the September 2024 ...
The Punch Newspapers

States’ dependence on FAAC

NIGERIA’S 36 states and the Federal Capital Territory need innovative methods to generate revenues to wean themselves off monthly allocations from the Federation Account Allocations Committee. Various ...
LEADERSHIP Newspaper

FAAC Disbursement To FG, States, LGAs Drops To N1.578trn In March

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 ...
Officer

FAAC INC.

Manufacturer of Driver Training Simulators and partner with IES Interactive Training. FAAC is a 39-year vendor to the US military providing high-fidelity simulation products. Technology transfer from ...
allAfrica.com on MSN

FG Earns N612bn from VAT, E-Transfers, Stamp Duties In November

FAAC data shows VAT, electronic transfers, and stamp duties drive 45 percent of November revenues amid collection shortfalls.
The Financial Times

FAAC: Church-owned gatemaker would boost Italian IPOs

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The gates to heaven might be made of pearls; they may also be electric. Catholic Church-owned FAAC could soon ...
Daily Post Nigeria

FAAC revenue drops as FG, states, LGs share N1.928 trillion in November

The federal, state and local government councils have shared a total of N1.928 trillion as Federation Account revenue for November 2025. The allocation was made at the December 2025 meeting of the ...
The Nation Newspaper

FAAC distributes record N2tr revenue to federal, state, local govts

The Federation Account Allocation Committee (FAAC) yesterday shared a record N2.001 trillion from the July 2025 Federation Account Revenue to the three tiers of government, making it the highest ...