FAAC: FG, States, LGs share N954.085bn for July

  The Federation Account Allocation Committee (FAAC) has shared a total sum of N954.085 billion for July 2022 Federation Account Revenue between the Federal, State Governments, and Local Government Councils.   This is contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting held on Wednesday in Abuja. The…

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FAAC: FG, States, LGCs share N671.9bn for Oct

    The Federal Government, States and Local Government Councils (LGCs) on Wednesday, shared N671.910 billion as Federation Accounts Allocation Committee (FAAC) for October. A statement by Mr Oshundun Olajide, the Acting Director, Information, Ministry of Finance, Budget and National Planning, said that the allocation was distributed at FAAC meeting in Lagos at the end…

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FAAC: FG, states, LGs share N680 billion

Reader mode Vanguard News16h       The Federation Accounts Allocation Committee (FAAC), shared the sum od N680 billion among the three tiers of government Thursday. The money was from the revenue that accrued to the federation in the month of March, which has been distributed to enable government meet its financial obligations for the…

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