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Macroeconomy
Report: FAAC Recorded N18.72tn Gross Revenue, Disbursed N12.59tn in Half-year 2026
THISDAY
Aug 2, 2026 · 04:59 WAT
FAAC recorded N18.72 trillion in gross revenue and disbursed N12.59 trillion during the first half of 2026. The Federal Government received N4.57 trillion, states received N4.47 trillion and local governments received N3.13 trillion, while Lagos State was the largest recipient with N477.05 billion.