🇳🇬 Nigeria 6h ago · Adeyinka Salami

FAAC Revenue Grows over 18.7% in Q1, Rises by N928bn Y-o-Y

ThisDay Nigeria
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Emmanuel Addeh in Abuja 



The Federation Account Allocation Committee (FAAC) saw a significant expansion in the distributable revenue shared among the three tiers of government in the first quarter of 2026, growing by 18.7 per cent on a year-on-year basis.



Data reconciled from official communication from FAAC indicated that the total amount of revenue shared to the Federal, State, and Local Government Councils  compared to the corresponding period in 2025, saw a nominal increase o

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