FAAC allocates N1.659trn to federal, state, local govts' in May

FAAC allocates N1.659trn to federal, state, local govts’ in May

Seven implications of higher FAAC allocations for state governments

Federation Accounts Allocation Committee (FAAC)

...VAT, CIT, import duties rise The Federation Account Allocation Committee (FAAC) disbursed a total of N1.659 trillion in revenue to the federal government, states, and local government councils for May 2025, according to a press release from the Office of the Accountant General of the Federatio

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