The Federation Account Allocation Committee has shared a total of N1.928 trillion as federation allocation for November 2025 among the ...

The revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation Committee, FAAC, increased by N490 billion, rising to N1.827 ...

The NNPCL has written off subsidy arrears and other debts owed by the federal government amounting to N4.01 trillion, ...

FAAC data shows VAT, electronic transfers, and stamp duties drive 45 percent of November revenues amid collection shortfalls.

The Federation Account Allocation Committee (FAAC) yesterday 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 continued its investigation into the Road Infrastructure Tax Credit Scheme, as only three out of seven participating companies have responded to ...

Limited received ₦445.4 billion in management fees from production-sharing contract (PSC) profit oil between January and ...

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 Federation Account Allocation Committee (FAAC) has shared N1.818 trillion among the Federal, State, and Local governments as revenue generated in June 2025 — the highest monthly allocation so far ...

A total sum of N2.103 trillion, being revenue from September 2025 into the federation account, has been shared to the federal government, 36 States and the 774 local government areas nationwide. The ...

Manufacturer of Driver Training Simulators and partner with IES Interactive Training. FAAC is a 39-year vendor to the US military providing high-fidelity simulation products. Technology transfer from ...