
FG, States, LGs share N2.2tn August revenue – FAAC
The Federation Account Allocation Committee (FAAC) announced on Wednesday that a total of ₦2.225 trillion was shared among the federal, state, and local governments as revenue for August 2025. This amount reflects an increase of ₦224.118 billion, or 11.2 percent, compared to the ₦2.001 trillion distributed in July, marking the third consecutive month of rising…