Lagos Gets N179bn as FAAC Shares N6tr
Lagos receives N179bn as FAAC shares N6tr in Q3 2025, with oil states taking N424bn amid rising revenues and fiscal risks.
Lagos receives N179bn as FAAC shares N6tr in Q3 2025, with oil states taking N424bn amid rising revenues and fiscal risks.
The Federation Account Allocation Committee (FAAC) has scheduled to meet in Nigeria’s capital city, Abuja, today to share what may be the highest revenue in history among the three tiers of government; federal, state and local. Reports obtained by Naija News revealed that the three tiers of government would, based on the sharing metrics, share … Read more