…by a spending cap, public accounting and independent auditing."Nigerians do not eat FAAC figures. A full treasury is no answer to an empty kitchen," he said."A living wage must buy a living. It is not a privilege; it is a basic right. Tinubu has made life painfully expensive. I will make life affordable again."

…Yari and the APC must answer one question: after N15.8tn in additional resources, record FAAC allocations and three years of unprecedented sacrifice, are Nigerians better off?” the party asked. The ADC also raised concerns about borrowing by state governments despite increased FAAC receipts. It claimed that about 20 st…

…to local governments. The party noted that states alone received N47.25 trillion in FAAC allocations between 2023 and 2025, rising from N10.09 trillion in 2023 to N15.26 trillion in 2024 and N21.90 trillion in 2025. Monthly FAAC distributions have also crossed N2 trillion, compared with less than N1 trillion before sub…

…governors collect hundreds of billions from the Federation Account Allocation Committee (FAAC) every year, with some receiving over ₦600 billion across a four-year tenure, yet basic infrastructure remains absent in many communities. In a statement made available to Legit.ng on Wednesday, August 26, 2026, he said:"You a…

…revenues available to subnational governments. While some governors have linked higher FAAC receipts to road construction, bridges, healthcare, education, workers’ welfare and other projects, residents in some states said the increased revenue had not resulted in improved public services or reduced economic hardship. F…

…Allocation and Fiscal Commission (RMAFC), the Federation Account Allocation Committee (FAAC) and the Central Bank of Nigeria (CBN), to take note of the party’s position. The PDP spokesperson called on EBSIEC to suspend the electoral process pending compliance with relevant court orders and resolution of what it describ…

…approaches to spending the increased revenue. While some governors have linked higher FAAC receipts to road construction, bridges, healthcare, education, workers’ welfare and other projects, residents in some states said the increased revenue had not resulted in improved public services or reduced economic hardship. In…

…from the Federation Account to state governments in the first quarter. An analysis of FAAC disbursements put the total allocations to the 36 states in the first quarter of 2026 at about N2.49tn, compared with about N1.98tn in the corresponding period of 2025. That represents an increase of roughly N510bn, or 25.8 per c…

…fraudulent handling of about N11 billion in Ecology Funds, Intervention Funds and FAAC allocations. Coming barely days before the August 15 governorship election, however, the action inevitably acquired a political colour. Tinubu apparently recognised the danger. In a personally signed statement, he directed the EFCC t…

…billion in Ecology Funds, Intervention Funds and Federal Account Allocation Committee (FAAC) allocations belonging to the Osun State Government. The commission said the investigation, which commenced in March 2026, was aimed at preventing the movement of funds under investigation and was not connected to the forthcomin…

…Appropriation Act as binding law rather than a suggestion. It needs transparency in how FAAC allocations are distributed, why ?1.7 trillion was reportedly retained from the Federation Account, and where the money actually goes. It needs an end to the culture of rollover budgets, where the same phantom projects reappear…

…Territory, Abuja, according to data from the Federation Account Allocation Committee (FAAC), a feat Nigerians want him to replicate at the national level. “The Tinubu Presidency is edgy because Nigerians are determined and eager to elect Governor Seyi Makinde as the next President of the country so that they can enjoy…

The Federation Account Allocation Committee has shared N2.55tn among the Federal Government, state governments and local government councils from June 2026 revenue, representing an increase of N250bn from the N2.3tn distributed in the preceding month. The latest allocation represents a 10.9 per cent month-on-month incr…

Who is Megan Keller's husband? Megan Keller has kept her love life entirely private and has not disclosed any marriages, relationships, or partners. Instead, she has focused on becoming a dominant force in international ice hockey. Keller is a powerhouse defender and captain for the Boston Fleet in the Professional Wom…

…come from Internally Generated Revenue (IGR), Federation Account Allocation Committee (FAAC) receipts, derivation funds, grants, loans, asset sales, and opening balances. A breakdown of the revenue projections shows that N487.61 billion is expected from internally generated revenue, while N936.05 billion will come from…

…“Civil society budget reports, official Federation Account Allocation Committee (FAAC) records, and Bayelsa State’s published financial documents indicate that the state has received well in excess of ₦2 trillion through statutory allocations, 13 per cent derivation, and related federation-account revenues over the las…

…and May just as it has also received a gross Federation Account Allocation Committee (FAAC) inflow of N76.1b for the Months of April and May. The Technical Adviser on Treasury and Accounts, Timipre Seipolo, made the disclosure during the state's Transparency Briefing for April and May 2026 in Yenagoa. Giving a breakdow…

…who told me what he went through and how he sometimes struggled when he came back from FAAC to pay salaries and how in many instances after the payment of salaries, nothing was left for the state to work with. So, what we're seeing today at a scale is only possible because we now have more funds coming from the federat…