FAAC shares N2.22 trillion among FG, State, LGAs for August 2025

The Federation Account Allocation Committee (FAAC) has announced the disbursement of N2.22 trillion to the three tiers of government as revenue allocation for August 2025. The allocation, which was drawn from a gross revenue of N3.63 trillion, was disclosed in a statement issued on Wednesday by the Ministry of Finance following the committee’s meeting in … [Read more…]