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…

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House of Reps Approves N30bn Inauguration of Outgoing and Incoming Lawmakers

• House of Reps Extends N2.177 Trillion Supplementary Budget to June 2024 The House of Representatives has approved the sum of N30,173,520,592 for Severance/Inauguration of Outgoing and Incoming 9th and 10th Assembly (Legislators and Legislative Aides) The House on Wednesday also approved the extension of the N2.177 trillion Supplementary Act, 2023, from December 31, 2023,…

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