FAAC Archives - The Glitters Online

States, FG, LGs Share N2.3tn FAAC Revenue

Kazeem Tunde — Thu, 18 Jun 2026 05:37:39 +0000

States, FG, LGs Share N2.3tn FAAC Revenue The Federation Account Allocation Committee shared N2.3tn among the Federal Government, states and local government councils from May 2026 revenue, representing an increase of N43bn from the N2.26tn distributed in the previous month. The latest allocation marks a 1.9 per cent month-on-month increase and continues the upward […]

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FAAC Shares N2.04tn For March As Revenue Rises By N150bn

Kazeem Tunde — Wed, 22 Apr 2026 19:42:37 +0000

FAAC Shares N2.04tn For March As Revenue Rises By N150bn The Federation Account Allocation Committee shared a total of N2.04 trillion as revenue for March 2026, reflecting a N150 billion increase from the N1.89 trillion distributed for February, amid stronger statutory inflows. The disclosure was contained in a statement issued on Wednesday by the […]

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FAAC Shares N1.894tn February Revenue To FG, States, LGs

Kazeem Tunde — Sat, 14 Mar 2026 04:42:46 +0000

FAAC Shares N1.894tn February Revenue To FG, States, LGs The Federation Account Allocation Committee has shared a total of N1.894 trillion as Federation Account revenue for February 2026 among the Federal Government, states and local government councils. This was disclosed in a statement issued on Friday by the Director of Press and Public Relations […]

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Executive Order: FG Begins Direct Remittance Of Oil Revenues To FAAC

Kazeem Tunde — Mon, 02 Mar 2026 11:56:16 +0000

Executive Order: FG Begins Direct Remittance Of Oil Revenues To FAAC The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues to the Federation Account Allocation Committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in a […]

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FG, States, LGs Shared N1.969trn In December 2025 Revenue

Kazeem Tunde — Mon, 02 Feb 2026 18:57:08 +0000

FG, States, LGs Shared N1.969trn In December 2025 Revenue A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. This was disclosed in a communiqué from the Federation Account Allocation Committee, made available on Monday by Director Press and […]

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FAAC: FG, States, LGs Share N1.93tn November Revenue

Kazeem Tunde — Mon, 15 Dec 2025 19:51:37 +0000

FAAC: FG, States, LGs Share N1.93tn November Revenue The Federal Government, states and local government areas shared a total of N1.928tn as Federation Account revenue for November 2025, reflecting a decline from the N2.094tn shared in October. The revenue was shared at the December 2025 meeting of the Federation Account Allocation Committee held in […]

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FG, States, LGs Share N2.103tn September Revenue- FAAC

Kazeem Tunde — Fri, 17 Oct 2025 19:29:02 +0000

FG, States, LGs Share N2.103tn September Revenue- FAAC The Federation Account Allocation Committee has shared a total of N2.103tn in revenue among the Federal, state and local governments for September 2025, reflecting one of the highest monthly disbursements so far this year. The figure was disclosed in a communiqué issued at the end of […]

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FG, States, LGs Shared N2.2tn August Revenue – FAAC

Kazeem Tunde — Thu, 18 Sep 2025 05:12:44 +0000

FG, States, LGs Shared N2.2tn August Revenue – FAAC The Federation Account Allocation Committee on Wednesday said the Federal Government, states, and Local Government Councils shared a total of N2.225tn as August 2025 revenue, representing an increase of N224.118bn or 11.2 per cent compared with the N2.001tn distributed for July. The Office of the […]

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FAAC Shares N2.001tn July Revenue

Kazeem Tunde — Fri, 22 Aug 2025 19:26:56 +0000

FAAC Shares N2.001tn July Revenue The Federation Account Allocation Committee has shared a total of N2.001tn among the Federal Government, states and local government councils as July 2025 revenue, marking the second consecutive month of growth in allocations. The figure represents a 10 per cent increase from the N1.818tn shared in June, a difference […]

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FG, States, LGs Share N1.818trn In June As Revenue Rises By N1.39trn

Kazeem Tunde — Sat, 19 Jul 2025 12:03:45 +0000

FG, States, LGs Share N1.818trn In June As Revenue Rises By N1.39trn The Federation Account Allocation 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). This is according to a communiqué from FAAC made available by Bawa Mokwa, Director, […]

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