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FG, States, LGCs share N1.703trn FAAC revenue in January 2025

Summary by Pulse Nigeria

The communiqué said that out of the N1.703 trillion in total revenue, the Federal Government received N552.591 billion, and the state governments received N590.614 billion.

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Pulse Nigeria

FG, States, LGCs share N1.703trn FAAC revenue in January 2025

The communiqué said that out of the N1.703 trillion in total revenue, the Federal Government received N552.591 billion, and the state governments received N590.614 billion.

5 days ago·Nigeria

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Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

FG, states, LGAs shared N1.7trn in January | VAT revenue increased by N122bn -FAAC

The Federation Account Allocation Committee (FAAC) says it shared N1.703 trillion among the three tiers of government as the federation revenue in January 2025. This was announced in a communiqué issued after FAAC’s February meeting, presided over by Wale Edun, the minister of finance and coordinating minister of the economy. The development comes a week after the committee initially postponed the meeting due to a tussle between states and t…

3 days ago

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Nairametrics

Credit to government drops to N24.52 trillion in January 2025 – CBN

The Central Bank of Nigeria (CBN) has reported a significant decline in credit extended to the government, which fell to N24.52 trillion in January 2025. The post Credit to government drops to N24.52 trillion in January 2025 – CBN appeared first on Nairametrics.

4 days ago

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lagostelevision.com

FG, States, LGs Shared ₦1.7trn In January – FAAC - Lagos Television

A total sum of ₦ 1.703 trillion, being January 2025 Federation Account Revenue, has been shared with the Federal Government, states, and local government Councils. This is according to a statement on Thursday by the Director of Press and Public Relations, Office of the Accountant General of the Federation, Bawa Mokwa. Mokwa said that the revenue was shared at the…

4 days ago

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PRNigeria News

FAAC Distributes N1.703 Trillion to FG, States, LGs for January 2025

FAAC Distributes N1.703 Trillion to FG, States, LGs for January 2025 The Federation Account Allocation Committee (FAAC), at its February 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.703 Trillion to the three tiers of government as Federation Allocation for the month […] The post FAAC Distributes N1.703 Trillion to FG, States, LGs for January 2025 appeared…

4 days ago

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Independent Newspapers Nigeria

FAAC: FG, States, LGs Share N1.703trn January Revenue – Independent Newspaper Nigeria

ABUJA – A total sum of N1.703 trillion, being January 2025 Federation Account Revenue, has been shared to the Federal Government, states and the local government councils. Bawa Mokwa, the Director of Press and Public Relations, Office of the Accountant General of the Federation, in a statement, said the revenue was shared at the February […]

4 days ago

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