Friday, July 3, 2026

Oil and Gas Royalties

December 16, 2025

Federation Account Revenue: FG received N747 billion, states, N601 billion, LGs, N445 billion in November

N1.928 trillion, being the November Federation Account Revenue, has been shared among the federal, state, and local governments.

Tinubu with APC governors
May 19, 2023

Buhari, governors, LG chairpersons shared N655.932 billion in April: FAAC

The Federation Account Allocation Committee has given N655.932 billion in revenue for April to the federal, state and local governments.

President Muhammadu Buhari and Nigerian Governors
August 24, 2022

Monthly Allocation: FG, states, LGs share N954 billion for July

However, the balance in the Excess Crude Account (ECA), as at August 24 stands at 470,599.54 million dollars.

Ministry of Finance HQ

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