State governments are entering 2026 with ambitious spending plans, but weak internally generated revenue is forcing many to rely heavily on federal transfers, borrowing, and temporary inflows to fund their…
States and Local Government councils reduced their bank borrowings by about N547.52bn in one year, as Federation Account inflows surge, according to findings by DECENCY GLOBAL NEWS. Figures from the…
A total of N2.103 trillion has been shared to the Federal, States, and Local Governments from the Federation Account Revenue generated in September 2025. The allocation was at the October…
The Federation Account Allocation Committee, FAAC, on Wednesday said the Federal Government, states, and Local Government Councils shared a total of N2.225tn as August 2025 revenue, representing an increase of…
The Federation Account Allocation Committee (FAAC) on Friday shared a record N2.001 trillion from the July 2025 Federation Account Revenue to the three tiers of government, making it the highest…
The Federation Account Allocation Committee has reported a further decline in monthly disbursements to the Federal Government, states, and local government councils, with a total of N1.578tn shared as March…
A total of N1.678 trillion from the Federation Account revenue for February 2025 has been distributed among the Federal Government, State Governments and Local Government Councils. The allocation was made…
The Federal Government, States and Local Government Councils shared a total sum of N1.424 trillion, being December 2024 Federation Accounts Revenue. The revenue was shared among the three tiers of…
Barring any last-minute change of plan, councils will begin to get direct allocation from the Federation Account next month. It will begin with the disbursement of this month’s allocation to…
The Nigerian government has confirmed that it has stopped the October monthly Federation Account Allocation Committee, FAAC revenue payment to Rivers State amid the ongoing face-off between Governor Simi Fubara…