As part of the federation allocation for June 2022, the federal, state, and local governments shared N802.407 billion. This represents an 18% increase over the N681bn shared in May. According to a statement by the Director of Press/Information, Federal Ministry of Finance, Mrs Phil Abiamuwe-Mowete, the decision to share was made at a meeting of … Continue reading FAAC Allocation Rises By 18% As FG, States, LGAs Share N802b