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FAAC Shares Largest-ever Allocation To Federal, States, Local Governments (See Details)

FAAC Shares Largest-ever Allocation To Federal, States, Local Governments (See Details)

Naija Newsunderstands the figure represents the largest allocation ever to the three levels of government and other statutory beneficiaries. According to the communiqué released after the August 2025FAACmeeting in Abuja, the revenue was boosted by higher collections from oil and gas royalties, value...

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Verified on Sep 18, 2025

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