FG, States and LGs Share N2.3 Trillion from May 2026 Revenue
The Federation Account Allocation Committee (FAAC) has distributed N2.3 trillion from May 2026 revenue to the Federal Government, states, and ...
Tag: FAAC
FG, States, LGAs Share N1.93tn November Revenue as FAAC Allocation Declines
The Federal Government, state governments, and local government councils shared a total of N1.93 trillion as revenue from the Federation ...
Nigeria’s October FAAC Payout Dips to N2.09tn as VAT Collections Fall Sharply
Nigeria’s three tiers of government shared N2.094 trillion from the Federation Account in October 2025, recording a slight 0.43 per ...
FAAC Distributes N2.22 Trillion to Federal, State, and Local Governments for August 2025
In a recent meeting held in Abuja, the Federation Account Allocation Committee (FAAC) approved the distribution of N2.22 trillion among ...
Nigeria’s FX Revenue Plummets 73% in H1 2025 as Naira Stabilizes
Nigeria’s exchange rate revenue plummeted by 73% in the first half of 2025, dropping to N589.45 billion from N2.199 trillion ...
FG, States, and LGAs Share ₦1.659 Trillion in May Revenue – FAAC
The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.659 trillion as revenue for May 2025 among the ...
Federation Account Allocation Drops to N1.58 Trillion in March, Marking Third Consecutive Decline
The Federation Account Allocation Committee (FAAC) has announced a third straight monthly decline in revenue disbursements, with N1.578 trillion shared ...
FAAC Disburses N1.298 Trillion to FG, States, and LGAs for September
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.298 trillion to the Federal Government, state governments, and ...
FG, States, and LGs Share N1.2 Trillion Revenue in August – FAAC
In August 2024, the Federal Government, state governments, and local government councils in Nigeria received a total of N1.2 trillion ...
Government Revenue Sees N2.74 Trillion Boost from Weak Naira in Six Months
The federal, state, and local governments in Nigeria collectively gained an additional N2.74 trillion in revenue from exchange rate fluctuations ...
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