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...

FAAC Shares N2.225trn to States, Highest-ever Revenue in Nigerian History The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025—the highest ever allocation to the three tiers of government and other statutory recipients. This marks the second consecutive month that...

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...