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SERAP sues 36 governors, FCT minister over FAAC allocations

The Socio-Economic Rights and Accountability Project has sued Nigeria’s 36 governors and the Minister of the Federal Capital Territory, Abuja,Nyesom Wike. They were sued for failing “to account for the spending of trillions of Federation Account Allocation Committee allocations collected…

FAAC Disburses N1.123trn To FG, States, LGAs For April

The Federation Account Allocation Committee (FAAC) has disbursed a total of N1,123.391 billion as Federation Account Revenue for March 2024 to the federal government, states, and local government councils. The allocation includes distributable statutory revenue of N311.233 billion, Value Added…