FAAC Costs Rise in December Even as Statutory Revenue Declines

Thenews_chronicle | 03-02-2026 11:38pm |

Nigeria’s Federation Accounts Allocation Committee figures for December 2025 show a notable contradiction, with the cost of revenue collection rising sharply despite a drop in statutory earnings for the month. Gross statutory revenue fell to N1.631 trillion in December, down by N105.2 billion from the N1.736 trillion recorded in November. However, the cost of

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