FG, States, LGs Share N1.818tr As June 2025 Revenue
The Federation Account Allocation Committee, FAAC, has shared a total of N1.818 trillion as June 2025 revenue to the Federal, States and Local Government Councils. The distribution was finalized at the July 2025 FAAC meeting held in Abuja. According to the FAAC communique, the N1.818 trillion distributable revenue comprises statutory revenue of N1.018 trillion, VAT revenue of N631.507 billion, Electronic Money Transfer Levy, EMTL, of N29.165 […]