FAAC disburses N2.35trn August revenue to FG, States, LGs

The Federal Government, states, and local Government Councils, LGs, have shared N2.25 trillion from the federation account as revenue for August. The disbursement was made during theo Federation Account Allocation Committee (FAAC) meeting held in Abuja on Wednesday. According to a communiqué issued by FAAC, the N2.25 trillion distributable revenue comprised N1.48 trillion statutory revenue

Read More