Tag: FAAC

The Federal Government, state governments, and local government councils shared a total of N1.93 trillion as revenue from the Federation ...

Nigeria’s three tiers of government shared N2.094 trillion from the Federation Account in October 2025, recording a slight 0.43 per ...

In a recent meeting held in Abuja, the Federation Account Allocation Committee (FAAC) approved the distribution of N2.22 trillion among ...

Nigeria’s exchange rate revenue plummeted by 73% in the first half of 2025, dropping to N589.45 billion from N2.199 trillion ...

The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.659 trillion as revenue for May 2025 among the ...

The Federation Account Allocation Committee (FAAC) has announced a third straight monthly decline in revenue disbursements, with N1.578 trillion shared ...

The Federation Account Allocation Committee (FAAC) has distributed a total of N1.298 trillion to the Federal Government, state governments, and ...

In August 2024, the Federal Government, state governments, and local government councils in Nigeria received a total of N1.2 trillion ...

The federal, state, and local governments in Nigeria collectively gained an additional N2.74 trillion in revenue from exchange rate fluctuations ...

Nigeria's top revenue-generating agencies—the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and Nigerian Upstream Petroleum Regulatory Commission (NUPRC)—experienced ...