Faac Shares N2.225trn To States, Highest-ever Revenue In Nigerian History

The Federation Account Allocation Committee FAAC has disbursed N2.225 trillion as federation revenue for August 2025-the highest ever allocation to the three tiers of government and other statutory recipients.

This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.

The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax VAT, and common external tariff CET levies, according to a communique issued at the end of the meeting.