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NIGERIA REVENUE

The Federation Account Allocation Committee (FAAC) has shared N2.428 trillion among the Federal Government, 36 state governments and 774 local government councils as revenue for September 2026.
The Nigeria Revenue Service (NRS) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) received a combined N123.54 billion as cost of revenue collection from the Federation Account Allocation Committee (FAAC) revenue distributed in June 2026.
Nigeria's company income tax revenue increased by 32.84% year-on-year in Q1 2021.