Federation Account Allocation Committee (FAAC)
Just in: ALGON accuses Rivers Gov. Fubara of withholding LG funds, backs impeachment call
The Rivers State chapter of the Association of Local Governments of Nigeria has accused Gov. Siminalayi Fubara of allegedly withholding funds meant for...
Subsidy removal: FG, 36 states, 779 LGs shared jumbo N10.14trn in 2023, says NEITI
The three tiers of government – Federal, state, and local governments – shared N10.143 trillion from the Federation Account as statutory revenue allocations...
Increased VAT, exchange rate difference push November revenue for FAAC to N1.783trn
Value Added Tax revenue of N335.656 billion and exchange rate difference revenue of N364.869 billion have pushed distributable revenue for the Federation Account...
