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Federation Account Allocation Committee

Economy of State

Bail-Out: FG removes N35.51bn from states’ allocations

November 29, 2019
Toyin

The Federal Government removed the sum of N35.51bn from allocation made to the states for external…

Business & Economy Economy of State

Revenue dips by 7.7% as FAAC allocates N610bn to tiers of government

February 28, 2019
Wole

The gross revenue that accrued into the federation account dropped by N42.21bn from N547.46bn recorded in…

Business & Economy Economy of State News

FAAC sets up committee on Excess Crude Account management

August 31, 2018
Wole

The Federation Account Allocation Committee on Thursday set up a committee to come up with rules…

Business & Economy Money Market News

External reserves drops to $47.303bn

July 26, 2018
Wole

Data obtained from the Central Bank of Nigeria on Wednesday showed that the nation’s foreign exchange…

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