17 h. ago Federal, State, Local Governments Share N2.22trn August Revenue

The Federation Account Allocation Committee (FAAC), at its September 2025 meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N2.225 trillion to the three tiers of government as federation allocation for the month of August 2025 from a gross total of N3.635 trillion. […]

Politics

18 h. ago August: Revenue allocation rises as FAAC shares N2.23trn to FG, States, LGs

Tribune Online August: Revenue allocation rises as FAAC shares N2.23trn to FG, States, LGs The gross revenue for the month stood at ₦3.64 trillion, while deductions for the cost of collection amounted to N124.84 billion.... August: Revenue allocation rises as FAAC shares N2.23trn to FG, States, LGs Tribune Online

Politics

2 w. ago Let Trump Do His Worst, Nigeria’s Economy Is Stable — Tinubu

President Bola Tinubu has declared that Nigeria has already met its revenue target for the year in August — affirming that the country’s economy is now stable, resilient, and less vulnerable to external shocks, regardless of what global actors like US President Donald Trump may do. The President made this known while receiving a delegation […]

Politics

3 w. ago Federal, State, Local Govts Share Record N2.001trn As July Allocations

A total sum of N2.001 trillion, being July 2025 Federation Account Revenue, has been shared to the Federal, State and Local Governments. The revenue was shared at the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N2.001 trillion total distributable revenue comprised distributable statutory revenue of N1,282.872 trillion, distributable Value Added […]

Politics

4 w. ago RMAFC insists on increasing Tinubu’s salary, other politicians’ pay

From Isaac Anumihe, Abuja Despite nationwide outrage over the consideration of a pay rise for the political class, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced a retreat in Kano aimed at reviewing the remuneration packages for political, public, and judicial office holders across the country. In a statement, the chairman of the […] The post RMAFC insists on increasing Tinubu’s salary, other politicians’ pay appeared first on The Sun Nigeria.

Politics

4 w. ago Pay Rise For Politicians Could Spark Anger – APGA Founding Chair, Okorie Warns

  Founding National Chairman of the All Progressives Grand Alliance (APGA), Chekwas Okorie, on Wednesday, condemned any attempt to increase the salaries of political office holders. He described such a move as “insensitive” and likely to trigger public anger. Okorie’s comments came in response to a proposal by the Revenue Mobilization, Allocation and Fiscal Commission […] The post Pay Rise For Politicians Could Spark Anger – APGA Founding Chair, Okorie Warns appeared first on Information Nigeria.

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