
The Federation Account received 100 percent of profit oil from production sharing contracts (PSCs) in February 2026, following the implementation of President Bola Tinubu’s Executive Order...

Upstages landmass, population against production, consumption The 17 Southern states of the federation have upstaged their 19 Northern counterparts in the raging contest for the control...

The Federation Account Allocation Committee (FAAC) has disclosed that it shared N1.578 trillion among the Federal Government, states and local governments for the month of March...

Disbursements from the Federation Account Allocations Committee (FAAC) to the federal, states and local governments increased by 149.4 percent year-on-year to N13.72 trillion in the first...

The three tiers of government, namely, federal, state and local governments shared a total sum N1.15trn, the Federation Allocation Accounts Committee (FAAC) disclosed on Thursday. This...
...as N6 trillion is shared in six months With the removal of fuel subsidy, revenue allocations from the Consolidated Revenue Fund, also known as Federation Account...

…as N6 trillion is shared in six months With the removal of fuel subsidy, revenue allocations from the Consolidated Revenue Fund, also known as Federation Account...

The Federation Account Allocation Committee (FAAC) has said it shared N1.12 trillion with the three tiers of government in December 2023. The committee disclosed this in...
The Federation Account Allocation Committee (FAAC) has shared the sum of N902.053 billion November 2022 Federation Account Revenue to the Federal Government, States and Local Government...