Tag: FAAC allocation

FAAC Allocates N2.22 Trillion to FG, States, LGs in August Amid N231bn Revenue Drop

FAAC distributes N2.22 trillion across federal, state, and local governments in August 2025. Gross statutory revenue drops by N231 billion; VAT allocation rises by N34.67 billion. Minister Wale Edun calls…

Sodiq Olaitan

Nigeria Allocates N2.001 Trillion Federation Account Revenue for July 2025

Federal, state, and local governments share total of N2.001 trillion for July 2025 Statutory revenue, VAT, EMTL, and exchange differences form the distributable revenue Petroleum taxes and levies rise while…

Sodiq Olaitan

FG, States, LGs Share ₦1.678trn February Revenue as FAAC Meets

FAAC has shared a total sum of ₦1.678 trillion, representing the February 2025 Federation Account Revenue, to the Federal, State, and Local Governments. The revenue was distributed at the March…