FAAC

Nigeria’s Federation Account Allocation Committee, FAAC, revenue slump by N194.664 billion in February 2025. According to the FAAC communiqué, the federal government, states, and local government councils shared N1.678 trillion in…

The Accountant General of the Federation, Bawa Mokwa, has confirmed that Rivers State will get its share of October 2024 Federal Account Allocation Committee (FAAC) despite High Court order. This is in response to recent online reports…