FG, States, Local Gov Share Highest N2.2tn Revenue for August
14 Articles
14 Articles
FAAC Shares N2.22 Trillion to FG, States and LGAs for August 2025 - TV360 Nigeria
The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦2.22 trillion to the federal, state, and local governments for the month of August 2025. The disclosure came from the Federal Ministry of Finance in a statement issued on Wednesday following FAAC’s monthly meeting in Abuja, chaired by Finance Minister Wale Edun. From the gross revenue of ₦3.63 trillion, the allocations to the three tiers of government are as follows: F…
FG, States, LG share highest allocation in history, N2.225 tr
By, Onome Jackson 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 FAAC disbursements have crossed the N2 trillion mark. The revenue, shared at the August 2025 FAAC ...
FG, states, LGAs shared N2.2trn in August | Statutory revenue dropped by N231bn
The federation account allocation committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in August. The allocation is from a gross total of N3.63 trillion. In a statement on Wednesday, the ministry of finance said the FAAC announced the disbursements at its September meeting in Abuja, chaired by Wale Edun, minister of finance. According to the statement, from the allocation inclusive of gross statutor…
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