Petrol subsidy savings from FAAC revenue (2022-2025)

Petrol subsidy savings from FAAC revenue (2022-2025)

Pre-subsidy removal
Jun 2022-May 2023
Net FAAC revenue: N9.51trn
Subsidy savings: N0

Jun 2023-Dec 2023
Net FAAC revenue: N5.81trn
Subsidy savings: N1.04trn
Actual FAAC revenue: N6.84trn

Jan 2024-Dec 2024
Net FAAC revenue: N10.75trn
Subsidy savings: N4.51trn
Actual FAAC revenue: N15.26trn

Jan 2025-Dec 2025
Net FAAC revenue: N11.61trn
Subsidy savings: N10.29trn
Actual FAAC revenue: N21.90trn

Total net FAAC revenue: N28.17trn
Total subsidy savings: N15.83trn
Total actual FAAC revenue: N44trn

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