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The Federation Account Allocation Committee has shared the sum of N1.1 trillion to the Federal Government, 36 States and Local Government Councils for August.

Federation Account Allocation Committee (FAAC) has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August.

Learning from global strategies to combat youth initiation

The Nigerian Communications Commission, NCC, has said it remains committed to its regulatory role of continually implementing requisite reforms to

The Nigerian Communications Commission (NCC) reaffirms commitment to its regulatory role

The figure represents a marginal increase of N59.06bn compared to the N907.05bn shared for June 2023, and it is the highest this year.

The Federation Account Allocation Committee (FAAC), at its meeting chaired by the Minister of Finance and the Co-ordinating Minister of the Economy, Mr Wale Edun, in Abuja on Tuesday, shared a total sum of N966.110 billion to the three tiers of government as Federation Allocation for July 2023 out of total gross revenue of N1, 746.491 trillion.

The Federal Government, State and Local Government Councils reportedly received the sum of N966.110 billion to share among them for the month of July

FAAC shares July revenues to FG, States, LGCs. The Federation Account Allocation Committee has shared N966.110 billion revenue to the Federal Govt

By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N966.110 billion July 2023 Federation Account Revenue 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 August 2023. The