Tag: FAAC
Three tiers of government received N2.32 trillion in June 2024, Delta...
...The sum of N106.50 billion was shared among the oil producing states from the 13% derivation fund.
...A total net amount of N232.82 billion was...
FAAC shares N1,088.783 trillion to the three tiers of government
SAT, DEC 16 2023-theGBJournal|The Federation Account Allocation Committee (FAAC) on Friday said it shared the sum of N1,088.783 trillion to the three tiers of...
FAAC allocation rises 18% in June 2022
WED, 27 JULY, 2022-theGBJournal| The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022, representing an 18%...
FAAC disbursements to three-tiers of government tops N2.1 trillion in first...
FRI, 15 JULY, 2022-theGBJournal| Cumulatively, the Federation Account Allocation Committee (FAAC) disbursed the sum of N2.181 trillion to the three tiers of government between...
Why revenue disbursement to three tiers of government spiked in April
MON, 02 MAY, 2022-theGBJournal | The amount disbursed by the Federation Accounts Allocation Committee (FAAC) to the three tiers of government in April (based...
Quick View| Federation Accounts Allocation to stay stable at N650 billion...
SAT 05 FEB, 2022-theGBJournal- The amount disbursed by the Federation Accounts Allocation Committee (FAAC) to the three tiers of government in January (based on...
Quick Take| FAAC allocation to stay stable at current levels over...
MON 03 JAN, 2022-theGBJournal -The amount disbursed by the Federation Accounts Allocation Committee (FAAC) to the three tiers of government in December (based on...
CBN, FAAC and Obaseki’s ‘’Misinformation’’
By Arize Nwobu.
THUR 20 MAY, 2021-theGBJournal- The power of information and communication in nation building and driving financial markets and economy is immense. Accurate...
FAAC disburses N604bn to three tiers of government in November 2020
TUE 09 FEB, 2021-theGBJournal- The Federation Account Allocation Committee (FAAC) disbursed the sum of N604bn to the three tiers of government in November 2020...
Treasury bills secondary market ends week bearish on profit-taking, overnight rate...
SAT 23 JAN, 2021-theGBJournal- The overnight (OVN) rate expanded by 950bps w/w, to 10.5%. The rate was depressed for most of the week, as...
