7 h. ago At ₦6trn, FG, States, LGs Shared Highest FAAC Allocation In Q3 2025 — NEITI

More than doubling allocations over two years, the report contained in the agency’s Quarterly Review noted that the ₦6trn included 13 per cent payments to derivative states, explained that year-on-year quarterly FAAC allocations in 2025 grew by 55.6 per cent compared with Q3 of 2024.  The post At ₦6trn, FG, States, LGs Shared Highest FAAC Allocation In Q3 2025 — NEITI appeared first on Channels Television.

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8 h. ago FAAC allocation marks 55.6% jump in Q3 2025 as FG disburses N6trn 

…Solid Minerals added nothing – NEITI Nigeria has posted its strongest federation account inflows in recent years in Q3 2025 read more FAAC allocation marks 55.6% jump in Q3 2025 as FG disburses N6trn 

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9 h. ago FAAC allocations jump 55.6% in Q3 2025 as N6trn is disbursed

Nigeria posted its strongest Federation Account inflows in recent years in Q3 2025, with cash transfers to governments surging and read more FAAC allocations jump 55.6% in Q3 2025 as N6trn is disbursed

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8 d. ago Hold Your Governors Accountable, Employers’ Association Urges Nigerians

…Accuses governors of misusing allocations amid rising insecurity Amid worsening infrastructure and growing insecurity across the country, the Nigeria Employers’ Consultative Association (NECA) has accused state governors of misappropriating funds despite increased revenue from the Federation Account Allocation Committee (FAAC). Speaking during an interaction with members of the Labour Writers Association of Nigeria (LAWAN), NECA’s […]

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2 w. ago Fuel Subsidy: SERAP Sues Govs, Wike Over ‘Failure To Account For ₦14trn Savings’

SERAP said the suit followed reports that the 36 governors and the FCT minister have collected trillions of naira from FAAC allocations. The post Fuel Subsidy: SERAP Sues Govs, Wike Over ‘Failure To Account For ₦14trn Savings’ appeared first on Channels Television.

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2 w. ago Councils’ Allocation: Obey Supreme Court Order, Atiku Tells Tinubu

Former Vice President Atiku Abubakar has accused President Bola Tinubu of not obeying a Supreme Court order directing the federal government to implement direct FAAC allocation to local governments. Atiku said the president should instruct the Attorney-General of the Federation to enforce the judgment immediately, adding that anything short of that is a failure of […]

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2 w. ago Atiku Accuses Tinubu Of Defying Supreme Court Over Local Government Autonomy

Former Vice President Atiku Abubakar has accused President Bola Tinubu of deliberately disobeying a binding Supreme Court judgement directing the Federal Government to begin direct disbursement of local government allocations from the Federation Account Allocation Committee (FAAC). In a statement on Wednesday, Atiku said the Tinubu administration’s refusal to enforce the judgement almost two years […]

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4 w. ago FAAC shares ₦1.92 trillion November revenue among federal, state and local governments

Nigeria’s Federation Account Allocation Committee (FAAC) shared ₦1.92 trillion in revenue for November among the federal government, states and local read more FAAC shares ₦1.92 trillion November revenue among federal, state and local governments

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