By Olaide Ajibola, JKNewsMedia Correspondent DISTRIBUTION OF N1.969 trillion has been made to the Federal Government (FG), state governments and local government councils as December 2025 Federation Account revenue, the Federation Account Allocation Committee (FAAC) disclosed in a communique. JKNewsMedia.com reports that a communique, issued ...
By Jemimah Wellington, JKNewsMedia Reporter THE FEDERATION Account Allocation Committee (FAAC) has distributed a total of N1.659 trillion to Nigeria’s three tiers of government as allocation for May 2025, drawn from a gross revenue inflow of N2.942 trillion. From the total distributable amount, the Federal Government received N538.004 billion...
By Joke Kujenya THE FEDERATION Account Allocation Committee (FAAC) discloses it has disbursed N2.32 trillion to Nigeria’s three tiers of government in June 2024. This distribution comes from the total revenue generated in May 2024. The disbursement included N1,223.89 billion from the Statutory Account, N587.46 billion from Exchange Gain,...
