FAAC disburses N1.14 trn to federal, states, local government in June 2024

Seven implications of higher FAAC allocations for state governments

Federation Accounts Allocation Committee (FAAC)

The Federal Account Allocation Committee (FAAC) has disbursed a total sum of N1.14 trillion to the Federal Government, States and Local Government Councils. The total sum was shared during the Committee meeting chaired by Wale Edun, the Minister of Finance and Coordinating Minister of the Eco

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```