Nigeria’s FAAC Disburses All-Time High N2.225 Trillion in August

Nigeria’s FAAC Disburses All-Time High N2.225 Trillion in August

In a landmark move, the Federation Account Allocation Committee (FAAC) has released a record N2.225 trillion as federation revenue for August 2025, marking the largest allocation ever to Nigeria’s three tiers of government and other statutory beneficiaries. This groundbreaking payout represents a significant boost to the nation’s fiscal capacity, carrying positive prospects for economic resilience, … Read more