Post by Arise News (@arisenews)
FAAC generated N18.72 trillion in six months, distributing N12.59 trillion while deductions accounted for the remaining one-third of revenue.
Source: https://www.arise.tv/report-faac-generated-n18-72tn-shared-n12-59tn-in-h1-2026
0 likes · 0 comments · 0 shares
Comments
Oturohweroro Andrew: One-third deductions as cost of collections? Why I no go look for job in those agencies?
Dordiase: #DEMSAY INFO
@followers #lekeelekee @Arise news #trending
FAAC: N18.72T generated | N12.59T distributed | ~N6.13T deducted
So for every N3 made, about N1 is deducted at source.
This shows why we must keep asking for accountability in revenue management.
@followers #lekeelekee @Arise news #trending
FAAC: N18.72T generated | N12.59T distributed | ~N6.13T deducted
So for every N3 made, about N1 is deducted at source.
This shows why we must keep asking for accountability in revenue management.