FG, States, LGs Shared ₦2.2 Trillion August Revenue – FAAC
The Federation Account Allocation Committee (FAAC) has announced that the Federal Government, states, and local government councils shared a total of ₦2.225 trillion as revenue for August 2025. This marks an increase of ₦224.1 billion (11.2%) compared with the ₦2.001 trillion shared in July. According to a statement by the Office of the Accountant General […]
2025 revenue target has been met. I can brag Nigeria no longer borrowing from local banks- President Tinubu
President Bola Ahmed Tinubu has announced that Nigeria is no longer borrowing from domestic banks after achieving a major revenue breakthrough driven by non-oil sectors. Speaking on Tuesday, September 2, during a meeting with members of the Buhari Organisation led by former Nasarawa State Governor, Senator Tanko Al-Makura, at the Presidential Villa, Tinubu said the […]