Nigeria’s Federation Account Allocation Committee (FAAC) has shared an unprecedented ₦2.225 trillion among the three tiers of government and other statutory beneficiaries for August 2025. According to information obtained by BizWatch Nigeria, the amount marks the largest revenue allocation in Nigeria’s history, reflecting improved inflows from oil and gas royalties, value-added tax (VAT), and Common … Continue reading FAAC Disburses Record ₦2.225 Trillion To Federal, State, And Local Governments