FG, States, Local Govts Share N2trn in July

FG, states, local govts share N2trn in July

The three tiers of Nigerian government – federal, state, and local government councils – have shared the total of N2.001 trillion, being the July 2025 Federation Account Revenue. Daiky Trust reports that this is the first time, the revenue is hitting the N2 trillion mark, following the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N2.001 trillion total distributable revenue comprised distributable statutor…

Nigeria: FG, states, LGs share N2.001trn as July 2025 revenue - Worldstage

WorldStage Newsonline– A total sum of N2.001 trillion, being July 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. According to a statement, the revenue was shared at the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N2.001 trillion total distributable revenue comprised distributable statutory revenue of N1,282.872 trillion, distributable…

FG, States, LGs Share N2.001trn for July, Says FAAC - Economi Confidential

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 by the Minister of Finance and Coordinating Minister […] The post FG, States, LGs Share N2.001trn for July, Says FAAC appeared first on Economi Confiden…

FG, States, LGs Share N2.001trn for July, Says FAAC

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 by the Minister of Finance and Coordinating Minister of […] The post FG, States, LGs Share N2.001trn for July, Says FAAC appeared first on PRNigeria News.

FAAC Distributes ₦2.001 Trillion To Federal, State, And Local Governments For July » News.ng

The Federation Account Allocation Committee (FAAC) has shared a total of ₦2.001 trillion in July 2025 revenue among the three tiers of government—federal, state, and local councils. According to the committee’s report, the gross revenue for the month stood at ₦3.837 trillion. From this amount, ₦152.681 billion was deducted as the cost of collection, while ₦1.683 trillion went towards transfers, interventions, refunds, and savings. The FAAC discl…

FAAC Shares N2trn July Allocation Among Tiers of Government - InsideBusiness - Business News in Nigeria

The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion to the three tiers of government as Federation Allocation for July 2025 out of a gross total of N3.836 trillion. At the August 2025 meeting chaired by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Federal Government received N735.081 Billion, the States received N660.349 Billion, the Local Government Councils got N485.039 …