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FAAC shares N2.5trn among FG, states, LGs in June, as revenue grows by N1.049trn in May
Federation Account Allocation Committee (FAAC) has shared a total of N2.550 trillion among the Federal Government, states and the Local Government Councils (LGs) for the month of June. A statement, Wednesday, confirming the development and signed by Bawa Mokwa, the…
Firm blames ‘structural imbalances,’ as FG withholds 32% of May’s FAAC revenue for interventions
Alliance Economic Research and Ethics Ltd/GTE has blamed ‘structural imbalances,’ following decision by the Federal Government to approve only 68 per cent of the revenue disbursed by the Federation Account Allocation Committee (FAAC) in its May 2026 allocations to the…
