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The Federation Account Allocation Committee (FAAC) announced the distribution of N1.149 trillion in January 2024 revenue, marking an increase compared to December 2023.

Excerpt

The Federation Account Allocation Committee, FAAC, shared N1,149.816 trillion January 2024 Federation Account Revenue with the Federal Government, States

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, chaired the allocation meeting.

Law enforcement officials say the value of the Naira depreciates whenever FAAC allocations are shared among tiers of government.

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal,

By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 billion January 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the February 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance

There are concerns that despite massive increases in revenue allocations available to the various levels of government after the removal of fuel

The Federation Account Allocation Committee shared N1.1 trillion in December 2023 to the federal, state, and local governments. Director of Press and

(AFRICAN EXAMINER) - The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of