Tag: #FederalAllocations
-
FAAC SHARES N2.09 TRILLION OCTOBER REVENUE, NIGERIANS DEMAND TRANSPARENCY AND IMPACT
The Federation Account Allocation Committee (FAAC) distributed N2.094 trillion among Nigeria’s federal, state, and local governments from October 2025 revenue. The announcement by Accountant-General Shamsudeen Ogunjimi came after the November FAAC meeting, with funds from statutory revenue, VAT, and the Electronic Money Transfer Levy (EMTL). Breakdown: Federal Government received N758.405 billion, States N689.120 billion, Local…
