FAAC: FG, states, LGAs shared N1.89trn in February | VAT dropped by N414bn

The federation account allocation committee (FAAC) says it distributed the sum of N1.89 trillion in February to the federal government, states, and local government councils.

The revenue was distributed during the March 2026 FAAC meeting held in Abuja on Friday, chaired by Wale Edun, minister of finance and coordinating minister of the economy.

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