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 ...

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A total of N2.103 trillion has been shared to the Federal, States, and Local Governments from the Federation Account Revenue generated in September 2025. The allocation was at the October 2025 meeting ...

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 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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A notice of default is a public notice filed with a court indicating that a borrower has ...

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 ...