Economy

FAAC Disburses ₦2.34tn to Federal, State and Local Governments in December

Federation Account Allocation Committee (FAAC) disbursed a total of ₦2.34 trillion in December 2025, sharing revenue generated in November 2025 among the Federal Government, state governments, and local government councils. The total allocation comprised ₦1.74 trillion from the Statutory Account, ₦43.40 billion from the Electronic Money Transfer Levy (EMTL), and ₦563.04 billion from Value Added […]

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