All posts tagged "The Federal Accounts Allocations Committee (FAAC)"

NNPC Ltd Remits N6.3tn to Federation Account, Makes N535bn PAT

June 2026 results of the Nigerian National Petroleum Company Limited (NNPC Ltd) shows a Profit After Tax (PAT) of N535 billion, despite recording a marginal decline...

On Tinubu’s Directive, NNPC Ltd, NUPRC Remit N322bn, $116.9m to FAAC

SERAP Urges Tinubu To Withhold States Allocations For Failing To Conduct Credible Elections

  The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct Mr Olawale Edun, Minister of Finance and Coordinating Minister of the...

SERAP Sues 36 Govs, Wike Over Trillions Of FAAC Allocations

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the governors of Nigeria’s 36 states and the Minister of the Federal Capital Territory,...