revenue allocation

  1. 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
  2. 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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