FAAC Allocation For FG, States In February 2024 [BREAKDOWN]
The three tiers of Government, Federal, State and Local government councils shared N1.15 trillion in revenue from the Federation Accounts Allocation Committee, FAAC, in February, 2024.
The Director of Press and Public Relations at the Office of the Accountant General of the Federation, Bawa Mokwa disclosed this in a statement.
Accordingly, the N1.15 trillion represents a 1.77 per cent increase from the N1.13 trillion shared in January.
Mokwa said the increase reflected a positive shift in the nation’s revenue streams.
READ ALSO;Tinubu Bans On Foreign Funded Trips For Ministers, Other Govt Officials
The FAAC is responsible for reviewing and adopting the allocation of funds to States of the Federal government of Nigeria.
Delta State received the highest allocation of N38.1 billion in February followed by Rivers State (N28.4 billion).
See the full list of allocation to every state for February 2024 below:
ABIA: 8.3BN
ADAMAWA:8.4BN
AKWA IBOM:26.6BN
ANAMBRA:10.1BN
BAUCHI:8.3BN
BAYELSA:22.8BN
BENUE:9.7BN
BORNO:10.5BN
CROSS RIVER:6.6BN
DELTA:38.1BN
EBONYI:7.3BN
EDO:10.2BN
EKITI:6.9BN
ENUGU:8.5BN
GOMBE:7.1BN
IMO:9.5BN
JIGAWA:9.8BN
KADUNA:7.3BN
KANO:13.6BN
KATSINA:9.8BN
KEBBI:8.8BN
KOGI:7.4BN
KWARA:7.3BN
LAGOS:23.6BN
NASARAWA:7.7BN
NIGER:8.5BN
OGUN:7.1BN
ONDO:10.3BN
OSUN:7.8BN
OYO:10.5BN
PLATEAU:7.8BN
RIVERS:28.4BN
SOKOTO:8.4BN
TARABA:8.1BN
YOBE:7.9BN
ZAMFARA:7.9BN
