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Nigeria Federal, State, LGs Receive ₦1.7 Trillion in January FAAC Allocation
The Federation Account Allocation Committee (FAAC) distributed ₦1.703 trillion among the federal, state, and local governments for January 2025. VAT revenue rose by ₦122 billion, while gross statutory revenue increased by 33.6%. The federal government received ₦552.6 billion, states ₦590.6...- Nigeria News
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- faac allocation government funds nigeria revenue statutory revenue vat increase
- Category: Business
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