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Nigeria's FAAC distributes N1.678 trillion in February revenue among federal, state, and local governments.
The Federation Account Allocation Committee (FAAC) distributed N1.678 trillion in revenue among Nigerian federal, state, and local governments for February 2025, marking a decrease from January's total.
The distribution includes statutory revenue of N827.633 billion and VAT revenue of N609.430 billion.
The federal government received N569.656 billion, states got N562.195 billion, local governments received N410.559 billion, and states also received N136.042 billion as derivation revenue.
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La FAAC de Nigeria distribuye N1.678 billones en ingresos de febrero entre los gobiernos federales, estatales y locales.