
FAAC: FG, States, LGAs Share N1.35trn in July
The federation account allocation committee (FAAC) says the three tiers of government shared N1.358 trillion in July. This represents N4 billion increase compared to the N1.354 trillion shared in June. On Friday, FAAC held its August meeting chaired by Wale Edun, minister of finance and coordinating minister of the economy. According to a statement by…