Tag: Federation Account Allocation Committee
Delta State with N64.834 billion in total topped recipients of gross...
MON, NOV 06 2023-theGBJournal|Delta State grossed the highest share of revenue allocation to State Governments by the Federation Account Allocation Committee (FAAC) for the...
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...
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...
Federation Account Allocation rises as three tiers of government share N696.18bn...
TUE, 22 SEPT, 2020-theGBJournal-The Federation Account Allocation Committee (FAAC) disbursed the sum of N696.18bn to the three tiers of government in July 2020 from...
FAAC dips into Excess Oil Revenue to fund three-tiers of government...
WED, JUN 03 2020-theG&BJournal- The three-tiers of government received N199.36 billion more from the Federation Account Allocation Committee (FAAC) in April 2020 than they...
