FAAC Shares ₦1.93tn November Revenue As Oil, Tax Receipts Decline

FAAC Shares N1.928trn to FG, States, LGAs in  November

FAAC Shares N1.928trn to FG, States, LGAs in  November The Federation Account Allocation Committee (FAAC) has shared a total of N1.928 trillion among the Federal Government, states and local government councils as allocation for the month of November 2025. The allocation was made at the FAAC meeting held in December 2025 and chaired by the […] The post FAAC Shares N1.928trn to FG, States, LGAs in  November appeared first on PRNigeria News.

FAAC Shares ₦1.93tn November Revenue As Oil, Tax Receipts Decline

A total of ₦1.93tn, representing Federation Account revenue for November 2025, has been shared among the Federal Government, State Governments, and Local Government Councils, following the December 2025 meeting of the Federation Account Allocation Committee (FAAC) held in Abuja. According to a communiqué issued after the meeting, the distributable revenue comprised ₦1.403tn from statutory revenue, ₦485.838bn from Value Added Tax (VAT), and ₦39.6…