FAAC Allocates N2.094 Trillion to FG, States, and LGs in October 2025

The Federation Account Allocation Committee (FAAC) distributed a total of N2.094 trillion in revenue for October 2025, including statutory revenue, VAT, and other deductions. The meeting, held in Abuja, saw Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), announce the breakdown of allocations to the federal government, state governments, and local government councils.

This allocation is crucial for ensuring financial obligations are met and services are delivered to citizens.