FG, States, LGs Share N1.424 Trillion in FAAC Distribution

The Federation Account Allocation Committee (FAAC) on Friday disbursed a total sum of N1.424 trillion to the three tiers of government and other relevant stakeholders from a gross revenue of N2.310 trillion Federation Account Revenue for December 2024. The sharing was finalised at the January 2025 FAAC) meeting in Abuja, which was chaired by the … [Read more…]