Nnpc pays n827bn to faac financial reports show

It appears that you're referring to a news article or financial report that indicates that the Nigerian National Petroleum Corporation (NNPC) paid a significant amount of money to the Federation Account Allocation Committee (FAAC).

According to the financial reports, NNPC paid a total of N827 billion to FAAC. This is a substantial amount of money that will be distributed among the three tiers of government in Nigeria, namely the federal government, states, and local governments.

FAAC is responsible for allocating revenue generated by the federal government to the various levels of government in Nigeria. The allocation is based on a formula that takes into account the revenue generated by each level of government, as well as other factors such as the population and economic development of each region.

The payment of N827 billion by NNPC to FAAC is a significant development in the Nigerian economy, as it will help to boost the revenue of the various levels of government and support their development efforts.