Governors of the federation’s recent boycott of the Federal Account Allocation Committee (FAAC) meeting has taken a toll on the timely payment of their workers’ salaries and other key financial ...

For the first time in four months, revenue shared by the three tiers of government fell below the N2 trillion mark, reflecting a broad-based decline in key revenue streams in November 2025. A total ...

The Federal Government, states and local government councils shared a total of N2.225 trillion from federation revenue for August, the Federation Account Allocation Committee (FAAC) said on Wednesday.

The Federation Account Allocation Committee revenue has recorded a 9.6 per cent or N159bn increase as a sum of N1.818tn was shared as June 2025 allocations to the Federal Government, states, and local ...

John Neff is a veteran automotive journalist with over two decades of experience leading major outlets such as Autoblog and Motor1. Beginning his career as Editor-in-Chief of Speed, Style & Sound, he ...

The Federation Account Allocation Committee, FAAC, distributed a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils ...

Garret Donahue, a Southern California native, has been involved in car culture for the majority of his life. From organizing local group drives to attending open track days, Garret dives deep into the ...

The Federation Accounts Allocation Committee (FAAC) has disbursed a total of N1.578 trillion to the Federal Government, states, and local government areas (LGAs) from the March 2025 revenues, marking ...

In Nigeria, the Federal Account Allocation Committee (FAAC) disburses funds to support local government activities and drive development in areas with high revenue potential. Over the past three ...

The Federal Government, states, and local councils shared a total of N1.703 trillion as Federation Account Allocation for January, according to the Federation Account Allocation Committee (FAAC). The ...

The Forum of Commissioners of Finance under the Federation Account Allocation Committee (FAAC) is demanding immediate action from the Nigerian National Petroleum Company Limited (NNPCL) on the ...

The Federation Account Allocation Committee has announced the indefinite postponement of its February 2025 meetings. FAAC Secretary, Ali Mohammed, disclosed this in a statement released on Thursday.