Browsing Tag
Revenue Allocation
3 posts
FAAC Distributes N2.6 Trillion Revenue to Federal, State, and Local Governments
The Federation Account Allocation Committee has disbursed N2.551 trillion in June 2026 revenue to the three tiers of government, driven by strong growth in statutory collections.
June 2026 Federation Account Revenue: Federal, State, and Local Governments Split N2.550 Trillion
Nigeria's three tiers of government shared N2.550 trillion in June 2026 revenue, with the federal, state, and local councils receiving specific allocations based on statutory and VAT earnings.
Rivers State Government pledges cooperation as RMAFC launches fiscal data review
Governor Siminalayi Fubara has promised full assistance to the RMAFC as they begin a mission to verify fiscal data and revenue allocation metrics across Rivers State.