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USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

FAAC allocation shrinks to N2.33trn as statutory revenue slump by 34.62%

The total disbursements by the Federation Account Allocation Committee (FAAC) to Nigeria’s three tiers of government dropped to N2.33 trillion, read more FAAC allocation shrinks to N2.33trn as statutory revenue slump by…

Aggregated · originally by BusinessDay
18 Sept 2026, 06:01 WAT · 3 min read
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FAAC allocation shrinks to N2.33trn as statutory revenue slump by 34.62%

The total disbursements by the Federation Account Allocation Committee (FAAC) to Nigeria’s three tiers of government dropped to N2.33 trillion, read more FAAC allocation shrinks to N2.33trn as statutory revenue slump by…