web hit counter FAAC Allocation Declines By 11.9% As FG, States Share N1.2tn In August – See The Stars

FAAC Allocation Declines By 11.9% As FG, States Share N1.2tn In August

The revenue shared by the federal, state and local governments through the Federation Accounts Allocation Committee (FAAC) declined by N165.9bn or 11.9 per cent in August to N1.2tn. The Office of the Accountant General of the Federation (AGF) disclosed this on Tuesday, THE WEHISTLER can confirm. The N1.203tn distributable revenue comprised distributable statutory revenue of …

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