FAAC: Revenue-generating Agencies Owe N4.1tn

The Federation Accounts Allocations Committee has declared that the monies yet to be remitted to the repository of the  Federal Government by the Revenue Generating Agencies increased to N4.1tn as of June 2024. FAAC mentioned that this development was in spite of the agencies’ reconciliation and payment of outstanding debts of N94.96bn in May 2024. … Continue reading FAAC: Revenue-generating Agencies Owe N4.1tn