BOF
Monthly FAAC Allocation
Federal revenue shared each month between federal, state and local government tiers through the Federation Account Allocation Committee.
Related legislation
- HB.0188House of RepresentativespassedA Bill for an Act to Amend the Federal Roads Maintenance Agency Act to Earmark a Dedicated Trust Fund from Fuel Excise Duty, and for Related Matters
Earmarking fuel excise for FERMA reduces federation account inflows available for FAAC.
- SB.211Senatefirst readingA Bill for an Act to Provide for Universal Health Coverage for Pregnant Women and Children Under Five, and for Related Matters
Increases federal contribution to Basic Health Care Provision Fund from 1% to 2% of CRF.
Methodology & source
- Frequency
- monthly
- Unit
- ₦bn (ngn_billions)
- Pillar
- Public finance
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