FG, states, LGAs share N907bn, highest FAAC since January

Seven implications of higher FAAC allocations for state governments

Federation Accounts Allocation Committee (FAAC)

In what has been described as a revenue windfall, the three tiers of government, the federal, states and local government councils on Thursday shared N907.054bn as FAAC allocation for June 2023. The total sum, is a N120.893 billion increase from N786.161 billion that was shared in May 2023. This

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