Higher revenue distributions from the Federation Account Allocation Committee (FAAC) are strengthening the fiscal position of Nigerian ...

The Federation Account Allocation Committee (FAAC) has shared a total of N1.894 trillion as Federation Account revenue for February 2026 among the ...

The federation account allocation committee (FAAC) says it distributed the sum of N1.89 trillion in February to the federal ...

Nigeria's long-running effort to reconcile oil revenues due to the Federation Account has hit another obstacle after Nigerian National Petroleum Company Limited (NNPC Ltd) and Periscope, the ...

The Federation Account Allocation Committee Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears collected by revenue-generating agencies but not remitted into the ...

Abuja, received a N15.8 billion allocation from Nigeria’s value-added tax (VAT) pool in January 2026, according to data from ...

The development confirms the implementation of Executive Order 9, signed by President Bola Tinubu (effective February 13, ...

In Nigeria, the Federal Account Allocation Committee (FAAC) disburses funds to support local government activities and drive development in areas with high revenue potential. Over the past three ...

Since the assumption in the office of President Bola Ahmed Tinubu in May, last year (18 months), the revenues and federal government interventions to the 36 States and the Federal Capital Territory ...

The Federal Government, through the Federation Account Allocation Committee, has discontinued the long-standing seven per ...

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025 — the highest ever allocation to the three tiers of government and other ...

All the federal government's major revenue-generating agencies fell short of their expected contributions to the Federation Account in December 2025, according to details presented at the February ...