June 19, 2026
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LEAD STORY 1

LEAD STORY 1

FAAC Disburses N2.054trn In Q3 2020 — NEITI

The Nigeria Extractive Indus­tries Transparency Initiative (NEITI) said the Federation Account Allocation Commit­tee (FAAC) disbursed N2.054 trillion to the three tiers of government and other stat­utory recipients in the third quarter of 2020. NEITI disclosed this in the latest edition of Nigeria Extractive Industries Trans­parency (NEITI)’s quarterly review released in