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

FAAC Shares N2.09tn October Revenue to States, LGs The Federal Government, states, and local governments shared a total of N2.094tn as October 2025 revenue, slightly lower than the N2.103tn distributed for September. The latest figure shows a marginal shortfall of N9bn, representing a 0.43 per cent...

Report Reveals Over 30 States Dependent on Federal Allocation   The 10th edition of the BudgIT State of States Report has revealed that over 30 states in Nigeria rely on Federal Account Allocation Committee allocations for their revenue, leading to fiscal pressures. The report, titled ‘A Decade...

VAT, E-Money Transfers Outperform Oil as FAAC Distributes N2.1trn in Sept While the Federation Account Allocation Committee (FAAC) shared N2.103 trillion among the three tiers of government for September 2025, the standout detail was the surging performance of non-oil revenue sources, which offset declines in...

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...

FAAC Allocates ₦2.1 Trillion to Three Tiers of Government for September 2025 The Federation Account Allocation Committee (FAAC) has shared a total sum of ₦2.103 Trillion among the three tiers of government as Federation Allocation for September 2025. This disbursement came from a gross total...