What Has Nigeria Truly Gained from N160trn FAAC Allocations?
4 Articles
4 Articles
Lagos overtakes oil states as top FAAC earner with N365.78 billion
Nigeria’s states received significantly higher disbursements from the Federation Account in H1 2026, reflecting stronger distributable revenues from statutory revenue, Value Added Tax (VAT), derivation revenue, Electronic Money Transfer Levy (EMTL) and other revenue streams. The post Lagos overtakes oil states as top FAAC earner with N365.78 billion appeared first on Nairametrics.
What Has Nigeria Truly Gained from N160trn FAAC Allocations?
By Blaise Udunze Could it be said that Nigeria’s true identity today represents a country suffering and grappling with soaring inflation, mass unemployment, failing public infrastructure and multidimensional poverty despite almost three decades of enormous public revenue inflows? With the look of things, one question therefore deserves urgent national attention. Without missing any words, what […]
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