FG Removes ₦500 Billion From May FAAC Revenue For Emergency Security Fund
About ₦500 billion was deducted from the May 2026 revenue of the Federation Account Allocation Committee (FAAC) to fund a national security...
FAAC
States Get ₦759 Billion, FG ₦818 Billion As FAAC Shares May Revenue
The Federation Account Allocation Committee (FAAC) has distributed ₦2.3 trillion as May 2026 revenue to the federal, state and local governments. Naija...
Using FAAC Funds For Tinubu’s Campaign Is Criminal, Shameless, Cruel – ADC Fires APC Govs
The African Democratic Congress (ADC) has accused governors elected on the platform of the All Progressives Congress (APC) of allegedly diverting funds...
FG, States, LGs Share ₦1.89 Trillion As VAT Revenue Drops
The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.89 trillion as revenue for February 2026 among the Federal Government,...
FG, States, LGs Share ₦1.969 Trillion As FAAC Meets In Abuja
The Federation Account Allocation Committee (FAAC) has shared a total sum of ₦1.969 trillion as the December 2025 Federation Account Revenue among...
Some People Want To Hide It, Govs Now Receive More Money – Oborevwori Makes Revelation
The Governor of Delta State, Sheriff Oborevwori, has dismissed claims that State governments are struggling financially. Speaking at the groundbreaking ceremony of...
FAAC Revenue Drops As Agencies Pay ₦2.34 Trillion In November
Nigeria’s federation account received ₦2.34 trillion in November 2025, showing a clear drop from the amount recorded in the previous month. Naija...
FG, States, LGs Share ₦2.103 Trillion From September Federation Account
The Federal Government, state governments, and local government councils have shared a total of ₦2.103 trillion from the September 2025 Federation Account...
Govs Must Take Responsibility, No Excuse For Insecurity – Gov Sule Tells Counterparts
Nasarawa State Governor, Abdullahi Sule, has urged his fellow governors to take full responsibility for security in their states, insisting that the...
FAAC Shares Largest-ever Allocation To Federal, States, Local Governments (See Details)
The three levels of government in Nigeria, got a total of ₦2.225 trillion from the Federation Account Allocation Committee (FAAC) for the...
Ondo LG Chairmen Accuse Gov Aiyedatiwa Of Giving Them Only ₦4 Million Out Of 600 Million Allocation
Local government chairmen in Ondo State have accused Governor Lucky Aiyedatiwa of offering only ₦4 million of the ₦600 million monthly allocation...
![[Just In] FAAC: FG, States, Local Governments Share ₦2 Trillion July Revenue](https://www.naijanews.com/wp-content/uploads/2021/06/FAAC-1280x720-1.png)
FG, States, Local Govts Share ₦2 Trillion July Revenue [See Breakdown]
The three tiers of government, namely the Federal, State, and Local Government Areas, have shared a total of ₦2.001 trillion in revenue...
How FG, States, LGs Share ₦1.818 Trillion June Revenue – [See Breakdown]
The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.818 trillion among the Federal Government (FG), State governments, and Local...
Senate Demands Direct FAAC Representation For Nigeria’s 774 Local Government Councils
The Nigerian Senate has called on the federal government to amend the current structure of the Federation Account Allocation Committee (FAAC) to...
States Protest ₦200 Billion FAAC Remittance Deficit
The Forum of Commissioners of Finance under the Federation Account Allocation Committee (FAAC) calls for immediate intervention from the Nigerian National Petroleum...
FAAC Postpones February Meeting
The Federation Account Allocation Committee (FAAC) has declared that its meetings scheduled for February 2025 will be indefinitely postponed. The FAAC Secretary,...
Presidency Reveals When Local Governments Will Start Receiving Direct Federal Allocations
The Presidency has announced that from the end of January, local government areas (LGAs) across Nigeria will begin receiving their allocations directly...
NNPCL Inconsistent, Not Transparent With Reports Submitted To FAAC On Revenue – World Bank
The World Bank has accused the Nigerian National Petroleum Company Limited (NNPCL) of inconsistency and non-transparency in its operative details submitted to...
‘Misuse FAAC Funds And Go To Jail’ – FG Threatens LG Chairmen
The Federal Government has issued a warning of imprisonment to chairmen of Local Government Areas who may get involved in the mismanagement...
FAAC Distributes ₦1.2 Trillion To FG, States, Local Govts For April
The three tiers of government in Nigeriafederal, state, and local governmentsreceived a total of ₦1.2 trillion from the Federation Account Allocation Committee...
