HomeTagsFAAC

FAAC

An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.

Nigeria warns agency heads of sanctions over inflated contracts

Nigeria's federal government says heads of state-owned enterprises who award inflated contracts outside procurement law will face sanctions, in a new directive from George Akume.

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...

FAAC Disburses N1.127 Trillion in Revenue Share to Government Tiers

Nigeria's FAAC allocates N1.127 trillion to governments, with significant revenue boosts from VAT, CIT, and other sources.

Nigeria Faces Subnational Debt Crisis Amid Lavish Spending

Nigerian states face a financial crisis, struggling with debts despite N15.8 trillion from FAAC, highlighting a disparity in development.

Latest articles

An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.

Nigeria warns agency heads of sanctions over inflated contracts

Nigeria's federal government says heads of state-owned enterprises who award inflated contracts outside procurement law will face sanctions, in a new directive from George Akume.

Lagos police rescue three girls from suspected trafficking in Badagry, hunt for traffickers

A routine patrol in Badagry stopped a motorcycle carrying three girls who police say are trafficking victims, and officers are now hunting the suspected traffickers.

Nasarawa polio drive: state partners UNICEF, WHO ahead of Nov. 7 campaign

Nasarawa has called for intensified awareness ahead of a Nov. 7 to 10 polio vaccination campaign after reports of suspected cases, with UNICEF backing.