Let's look into the full Jan–Sept 2025 performance breakdown to see how the Ministry of Solid Minerals Development, FIRS, Customs, and the top oil regulators stack up!

Did Nigeria's key revenue agencies hit their financial targets this year? The latest data on contributions to FAAC (Federally Allocation Account Committee) is here, and the results are a mixed bag! While one ministry absolutely smashed its budget, others fell dramatically short.

Why is NNPC Limited's performance so far below target? 👇

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%

<Agora Policy, FAAC>
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