FAAC Distributes N2.338tn as Revenue Falls 22.2%

The Federal Government, states and local government councils shared N2.338tn from the Federation Account in September, representing a 22.2 per cent decline from the N3.007tn distributed in August. The allocation was from revenue generated in August 2026, according to a statement issued on Thursday by the Office of the Accountant-General of the Federation (OAGF). The […]
FAAC Shares N1.97trn December Revenue

The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.969 trillion as Federation Account revenue for December 2025 among the Federal Government, states and local government councils. The allocation was made at the FAAC meeting held in Abuja in January 2026, according to a statement by the Director of Press at the Office […]