FG, others struggling to meet obligations, despite rise in revenue to N118.8trn

***Revenue may hit N150trn by year end

***Civil society groups raise alarm, call for outcome-driven approach to public spending

By Emma Ujah, Abuja Bureau Chief

Recent findings from the Revenue Mobilization, Allocation and Fiscal Commission, RMAFC, has indicated that the three tiers of governments in Nigeria have received about N53.3 trillion from the Federation Account Allocation Committee, FAAC, over the past three years (2023 – May 2026).

Also their independently generated revenues over the same period is estimated at about NN65.5 trillion bringing the total revenue they may have spent within the period to about N118.8 trillion.