Allocation

FAAC disburses $1.894 trillion to FGs, States and LGs as February allocation

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The Federation Accounts Allocation Committee (FAAC) on Friday shared the sum of 1.894 trillion naira as revenue of the federation to federal, state and local councils. This was made known in a statement signed by the Director (Press and Public Relations), Bawa Mokwa, after the FAAC meeting in Abuja. The total distributable revenue of N1.894 trillion comprised statutory distributable revenue …

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