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FG Generates N8.09trn from VAT, Electronic Money Transfers

The federal government generated the sum of N8.09trn between January and November 2025, analysis of documents of the Federal Account Allocation Committee (FAAC) has shown.

FAAC Probes Road Tax Scheme Over Poor Responses

FAAC Probes Road Tax Scheme Over Poor Responses The Federation Account Allocation Committee (FAAC) is investigating the Road Infrastructure Tax Credit Scheme due to poor responses from participating companies. Only three out of seven companies have provided required details on their involvement and expenditure. "The Sub-Committee had...

FAAC Disburses N18.5tn to FG, States, LGs in 10 Months

The Federation Account Allocation Committee (FAAC) shared a record total of N18.54 trillion to the federal, state and local governments.

Rising Cost of Revenue Collection Cuts into FAAC Allocations in Sept

Rising Cost of Revenue Collection Cuts into FAAC Allocations in Sept Behind the impressive federation disbursement for September 2025, the latest report of the Federation Account Allocation Committee (FAAC) reveals a more troubling pattern, the rising cost of collecting and transferring revenue is steadily reducing...

FG, States, LGs Share N2.001trn for July, Says FAAC

FG, States, LGs Share N2.001trn for July, Says FAAC   The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion among the three tiers of government as federation allocation for July 2025. The allocation was announced at FAAC’s August 2025 meeting, which was chaired...

‎FAAC Shares ₦6trn with States, LGAs in H1 2025

‎The Federal Account Allocation Committee (FAAC) disbursed over ₦6 trillion to Nigeria’s 36 states and 774 local governments between January and June 2025, according to newly released figures. The allocations reflect significant regional disparities, with oil-producing South-South states and Lagos topping the charts.