FG, states, LGs share N966bn July revenue
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.
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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