State Debt Rises by N94.79bn in Three Months
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
Category : Search result: FAAC allocations
SERAP Sues Governors Over ₦14trn Subsidy Funds
SERAP drags Nigeria's 36 governors and FCT Minister Wike to court, demanding transparency on ₦14 trillion fuel subsidy savings. Will justice prevail?
Radda: Don't blame only govs for economic hardship
Katsina Governor Dikko Radda urges Nigerians to scrutinise Federal Government's use of 52% revenue share. He argues states, LGAs bear public anger despite limited funds. Read his full interview.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Zamfara APC Opposes Governor's 2026 Budget, Urges FG Action
Zamfara APC accuses Governor Dauda Lawal of unconstitutional budget presentation, urges Federal Government to suspend allocations. Party cites flaws in N861bn proposal.
Supreme Court Strikes Out Osun's Suit on LG Funds
Nigeria's Supreme Court dismisses Osun State's suit over withheld LG allocations, ruling the AG lacked standing. The court condemned the FG's action as unconstitutional. Read the full details.
Kaduna ALGON Denies LG Fund Withholding Allegations
Kaduna ALGON refutes reports of withheld local government funds, defends Governor Uba Sani's record. Association calls out 'misleading' claims and former politicians.
Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget
Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.
Ebonyi Governor Proposes N884.86bn Budget for 2026
Governor Francis Nwifuru presents a historic N884.86 billion budget for Ebonyi State in 2026, focusing on infrastructure and human capital. Read the full breakdown of capital projects and revenue sources.
APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
Ebonyi Governor Presents ₦884.86bn Budget for 2026
Governor Francis Nwifuru presents Ebonyi's largest-ever ₦884.86bn budget for 2026, focusing on infrastructure and human capital development. Read details of the 'Budget of Actualisation and Hope'.
N2.94 Trillion Shared by FG, States, LGs in October
FAAC disbursed N2.94 trillion to federal, state, and local governments in October 2025, marking a slight decrease from September. Discover the full revenue breakdown and its implications.
Ebonyi ranks lowest in 2025 FAAC payouts
Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.
ASUU rejects FG's claim on education funding shortage
ASUU's Bauchi zone refutes Federal Government's paucity of funds claim, revealing 70% revenue increase. Union demands urgent action to avert university crises. Read full details.
FG to Stop TETFund for Schools With Under 1,000 Students
Federal Government plans to halt TETFund allocations to 20 federal universities and colleges with poor student enrollment. Discover the reasons and affected institutions.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
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