Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Nigeria distributed $2.5 billion in January 2026, with federal, state, and local governments receiving shares from oil and tax revenues.
In January 2026, Nigeria's FAAC distributed ₦1.969 trillion from December 2025's federation account revenue, up from ₦1.928 trillion in November.
The federal government received ₦653.5 billion, states ₦706.469 billion, and local governments ₦513.272 billion.
Revenue sources included ₦1.084 trillion in statutory revenue, ₦846.507 billion in VAT, and ₦38.110 billion in EMTL.
VAT and companies’ income tax rose, while petroleum profit tax, excise duty, and EMTL declined.
The federal government also received ₦96.083 billion in derivation revenue.
Total gross revenue was ₦2.585 trillion, with ₦616.282 billion deducted for costs and transfers.
Nigeria distribuyó $ 2.5 mil millones en enero de 2026, con los gobiernos federales, estatales y locales recibiendo participaciones de los ingresos del petróleo y los impuestos.