Tag: FAAC

FAAC Allocations – Oyo State in focus

Seyi Makinde has described the Supreme Court’s judgment on local governments’ financial

Alimi Nurudeen Alimi Nurudeen

Methodology of FAAC allocation

The Nigerian government financial system operates a structure where funds flow to

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FAAC Updates: Check allocation for Oyo State

In May 2024, Oyo State received a net allocation of *#11.7 billion*

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Check your State, LGA monthly FAAC allocations

Every month, FGN distributes federal revenue to Nigeria's 36 States, FCT, and

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Revenue-generating agencies owe FG N2.9trn – FAAC

The federal account allocation committee (FAAC) says some revenue-generating agencies (RGAs) owe the

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N60,000 minimum wage too high, not sustainable – Governors

Governors under the aegis of the Nigeria Governors Forum have rejected the

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Niger Delta will be better if allowed to use its resources for development – Gov Diri

Governor Douye Diri of Bayelsa State has said the country’s “lopsided” federalism

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Audit report indicts NUPRC, Customs for non-remittance into federation account

A report by the Office of the Auditor-General of the Federation (OAuGF) has

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Governors receive N30bn each to reduce hardships – Akpabio

The Senate President, Godswill Akpabio, said an “unverified report” indicated that state governors

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FIRS directs banks to deduct N50 stamp duty on int’l transactions from Jan 2021

The Federal Inland Revenue Service (FIRS) has directed banks to commence the

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