TheCable28d
2024 VAT pool: Here’s how much states contributed and their FAAC allocation
The data, based on figures from the federation accounts allocation committee (FAAC) for 2024, and published on Thursday by the Abuja-based think tank, reignites debates about fairness, fiscal ...
The Nation Newspaper29d
FAAC disburses local govts’ January allocation to states
Statutory monthly allocations will not be directly disbursed to the 774 local governments this month by the Federation Account Allocation Committee (FAAC). It is due to their inability to meet the ...
businessday1mon
FX-induced FAAC windfall dries up as naira stabilises
Naira stability will halt the federation allocation windfall that has been enjoyed by federal and state governments in the last nine years, threatening their revenues and projections. The federal ...
Nairametrics1y
FAAC: FG, States, LGAs share N906.96 billion October 2023 revenue
“The Communique issued by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated that the Gross Revenue available from the Value Added Tax (VAT) for October 2023, was ...
Premium Times2y
FAAC shares N990bn to FG, States, LGAs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N990 billion as December 2022 federation revenue to the federal, state and local government councils and other relevant ...