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A total sum of N1,143.210 trillion May 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The Federation Accounts Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its latest meeting, according to a statement by the Director, Press and Public…
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The Monthly revenue inflow into the Federation Account Allocation Committee (FAAC) fund has risen from N650 billion to N1trillion monthly since the withdrawal of subsidy on petrol. Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed. Edun spoke in Asaba, the Delta State capital, at the opening of a four-day retreat…
Read More “Federation Account Inflow Hits N1trillion Monthly Post Subsidy Era” »
The Federation Account Allocation Committee (FAAC) has shared a total of N903.4 billion in Federation Account Revenue for September 2023 to the Federal Government, States, and Local Government Councils. This information was relayed in a communiqué released at the conclusion of the FAAC meeting held in October 2023, by the Director of Information, Stephen Kilebi….