FAAC Report: Agencies Struggle to Meet Budget Contribution Goals


 

Performance of agencies’ contribution to FAAC against budget targets (Jan–Sept 2025)

1. Ministry of Solid Minerals Development: Overperformed by 100%

2. Federal Inland Revenue Service (FIRS): Overperformed by 21%

3. Nigeria Customs Service: Overperformed by 5%

4. Nigerian Upstream Petroleum Regulatory Commission: Underperformed by 43%

5. Nigerian National Petroleum Company Limited: Underperformed by 93%

New analysis reveals gaps that could shape future allocations and spending.

https://x.com/thecableindex/status/1980911906945720448


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