FAAC allocations

Higher VAT Pushes Nigerian Govt's Gross Revenue To N2.085trn In April

Higher VAT Pushes Govt’s Gross Revenue To N2.085trn In April

Nigeria’s gross statutory revenue rose to N2.085 trillion in April 2025. This was N365.595 billion more than the total of N1.719 trillion received in March 2025, says the Federation Account Allocation Committee

Victor Ezeja

May 18, 2025

Business·FEATURES·Finance & Economy

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Nigerian states’ dependence on the Federation Account Allocation Committee (FAAC) allocations for revenue has remained a significant issue for their fiscal sustainability. FAAC allocations are funds distributed from the federal government to

Victor Ezeja

November 11, 2024

Business·News·Politics

Federal, State, Local Govts Share N1,358trn Revenue For July- FAAC

FAAC Distributes Over N1.3 Trillion The Federation Accounts Allocation Committee (FAAC) has announced the distribution of N1.358 trillion among the Federal Government, state governments, and Local Government Councils (LGCs) for July 2024.

Emmanuel Ochayi

August 17, 2024

Why Tinubu Govt Is Against Borrowing To Fund 2024 Budget - Edun

Finance & Economy·News

Nigeria’s Sub-nationals Rejoice As November Federal Allocation Exceeds N1Trillion

The three tiers of the Nigerian government have shared a whopping N1.088 trillion as November’s revenue to the Federation Account Allocation Committee (FAAC). This major boost from previous months sparked excitement among

Victor Ezejaand

Admin

December 16, 2023

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Higher VAT Pushes Govt’s Gross Revenue To N2.085trn In April

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Federal, State, Local Govts Share N1,358trn Revenue For July- FAAC

Nigeria’s Sub-nationals Rejoice As November Federal Allocation Exceeds N1Trillion

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