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FAAC
FG, States, LGs Receive N1.92trn from FAAC for November as VAT Falls
The Federation Account Allocation Committee (FAAC) has rolled out a total of N1.92 trillion as revenue for November to the federal government, states, and local government councils. According to newsmen, the allocation was approved at FAAC’s December 2025 meeting held in Abuja, and spearheaded by the Minister of State for Finance, Doris Uzoka-Anite. In a […]
FAAC Shares ₦2.2trn August Revenue To FG, States, LGAs
This was disclosed by the Director of Press and Public Relations of the federation, Felix Mokwa, saying that the revenue was shared at the meeting held in Abuja. “A total sum of N2.225tn, being August 2025 Federation Account Revenue, has been shared to the Federal Government, states, and the Local Government Councils,” the statement read. […]