faac

  1. Still Empty Plates: FAAC Allocates N1.65trn to FG, States, LGs in May

    Nigeria Still Empty Plates: FAAC Allocates N1.65trn to FG, States, LGs in May

    Nigeria’s Federation Account Allocation Committee (FAAC) disbursed N1.65 trillion to federal, state, and local governments in May 2025—a N30 billion drop from April. The revenue was generated from taxes (N691.7bn VAT), oil (N863.8bn statutory), and digital transactions (N27.6bn EMTL), with...
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