What is FAAC?
The Federation Account Allocation Committee (FAAC or the “Committee”) disburses allocations from the revenues generated into the Federations Accounts, which comprise multiple accounts specific to an RGA or a sector/ business type.
State breakdown:
Abia – 9.7BN
Adamawa: 8.6BN
Akwa Ibom: 33.3BN
Anambra: 11.7BN
Bauchi: 7.7BN
Bayelsa: 29.7BN
Benue: 10.2BN
Borno: 11.1BN
Cross River: 6.9BN
Delta: 47.9BN
Ebonyi: 7.8BN
Edo: 11.8BN
Ekiti: 7.5BN
Enugu: 8.9BN
Gombe: 7.4BN
Imo: 10.3BN
Jigawa: 10.5BN
Kaduna: 8.3BN
Kano: 14.8BN
Katsina: 10.5BN
Kebbi: 9.2BN
Kogi: 8.1BN
Kwara: 7.6BN
Lagos: 28.7BN
Nasarawa: 8.1BN
Niger: 9.3BN
Ogun: 6.7BN
Ondo: 11.6BN
Osun: 7.5BN
Oyo: 11.7BN
Plateau: 7.8BN
Rivers: 36.1BN
Sokoto: 9.2BN
Taraba: 9.3BN
Yobe: 8.2BN
Zamfara: 8.3BN
