Federal, State, And Local Governments Share N1.678 Trillion, Despite Revenue Drop

The Federation Account Allocation Committee (FAAC) has distributed a total of N1.678 trillion among the Federal Government, 36 states, and 774 Local Government Councils for February, according to official figures released by the Office of the Accountant-General of the Federation (OAGF). This disbursement, while substantial, comes against a backdrop of declining revenues across key sectors. … Continue reading Federal, State, And Local Governments Share N1.678 Trillion, Despite Revenue Drop