Tag: Allocation

FG, States, LGs Share N2.001 trillion
August 23, 2025 5 Responses

FG, States, LGs Share N2.001 trillion

The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion, to the Federal Government, States and the Local Government Councils, as Revenue for July 2025.The revenue was shared at the August 2025 FAAC meeting held in...
read more
Bayelsa Bemoans Drop In Federal Allocation
November 24, 2020 No Responses

Bayelsa Bemoans Drop In Federal Allocation

The Bayelsa Government on Monday lamented the decline in revenues accruing from the Federation account while announcing its income and expenditure profile for the months of August, September and October 2020.  Presenting a breakdown of the figures for the...
read more
FG releases N243.8B second tranche of Paris Club refund to States, FCT
July 19, 2017 No Responses

FG releases N243.8B second tranche of Paris Club refund to States, FCT

The second tranche of Paris Club refunds has been released by the Federal Government to the 36 states and the Federal Capital Territory (FCT).   A statement issued by the Director of Information, Ministry of Finance, Mr. Salisu Danbatta, explained...
read more