FAAC Allocation Slumps To N2.1tn In Three Months

Between January and March 2022, The Federation Account Allocation Committee (FAAC) allocation to the federal, state, and local governments fell to 2.18 trillion dollars. According to data compiled from various National Bureau of Statistics (NBS) reports, the FAAC distributed N766.47 billion to the three tiers of government in January 2022. This was calculated using the … Continue reading FAAC Allocation Slumps To N2.1tn In Three Months