FAAC Archives - Global Upfront Newspapers

FAAC Is an Entitlement Framed as Generosity

Global UpfrontNov 30, 2025November 30, 20250

By Abidemi Adebamiwa Most Nigerians think the President personally gives States their monthly Federation Accounts Allocation Committee (FAAC) allocations. The misunderstanding survives because politicians use

Rivers Crisis: Obi Laments Court Ruling On Withholding Of Federal Allocations, Demands Reversal

Global UpfrontNov 2, 2024November 2, 20240

The Labour Party leader and the party’s Presidential candidate in the 2023 election, Peter Obi, has decried the recent Federal High Court ruling withholding the

Profligacy: Data Links Naira Depreciation To FAAC Monthly Disbursements

Global UpfrontFeb 17, 2024February 17, 20240

The profligacy of federal and State government top functionaries after the disbursement of money by the Federation Account Allocation Committee (FAAC) contributed to the depreciation

FG, States, LG Councils Share N802.407 Billion For June, 2022

Global UpfrontJul 26, 2022July 26, 20220

The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N802.407 billion to the three tiers of government, as federation allocation for