August 4, 2025

FAAC

General

FAAC Disburses ₦1.818 Trillion to FG, States, LGs, Reflecting 9.6% Increase

The Federation Account Allocation Committee (FAAC) has announced the disbursement of a total of ₦1.818 trillion to the federal, state, and local governments for the month of June 2025, marking a 9.6 percent increase from the previous allocation. According to a statement released by the Director of Information, Office of the Accountant-General of the Federation,

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General

March 2025 FAAC Allocation: N1.578 Trillion Shared Among FG, States, and Local Governments

The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.578 trillion to the Federal Government, state governments, and local government councils for the month of March 2025. This marks the third consecutive month of declining revenue allocations this year, down from N1.678 trillion in February and N1.703 trillion in January. Breakdown of March

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