revenue allocation

  1. November FAAC Payout: FG, States, LGAs Share N1.92 Trillion Despite N156bn VAT Drop

    Nigeria November FAAC Payout: FG, States, LGAs Share N1.92 Trillion Despite N156bn VAT Drop

    The Digest: The Federation Account Allocation Committee (FAAC) distributed N1.92 trillion for November 2025, a figure impacted by a N156 billion drop in Value Added Tax (VAT) revenue. Key Points: FAAC shared N1.92 trillion to federal, state, and local governments for November 2025 revenue...
  2. FAAC Shares N2.09 Trillion October Revenue to FG, States, LGAs

    Nigeria FAAC Shares N2.09 Trillion October Revenue to FG, States, LGAs

    The Digest: Nigeria's three tiers of government receive another massive revenue allocation as the Federation Account Allocation Committee distributes over N2 trillion for October, maintaining fiscal flows amid ongoing economic recalibration. Key Points: FAAC distributed N2.09 trillion to...
    • Nigeria News
    • Article
    • 1 min read
    • faac federal government lgas revenue allocation states vat
    • Category: Business
  3. FAAC Distributes N2.1 Trillion as September Revenue Amid VAT Surge

    Nigeria FAAC Distributes N2.1 Trillion as September Revenue Amid VAT Surge

    The Digest: Federation Account Allocation Committee (FAAC) disbursed N2.10 trillion to federal, state, and local governments for September 2025, drawing from a gross revenue of N3.05 trillion. The allocation, detailed in a communiqué chaired by Accountant-General Shamsudeen Ogunjimi, reflects...
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