The Federation Account Allocation Committee (FAAC) in Nigeria is a statutory body responsible for the allocation of revenue generated from the Federation Account among the three tiers of government in the country: the federal government, state governments, and local governments. The FAAC ensures a fair and equitable distribution of revenue to support the various functions and responsibilities of each level of government.
Our FAAC dataset provides a detailed and historical overview of how revenue distribution has evolved over time. This initiative not only sheds light on the financial dynamics that have shaped our nation but also empowers stakeholders to make informed assessments of the impact of these allocations on various sectors of the economy.