The Federal Government, States and Local Government Councils have shared the total sum of ₦1.424trillion from FAAC, being December 2024 Federation Accounts Revenue.
Tag: FAAC
The Federal Accounts Allocation Committee (FAAC) has allocated a total of N1.727trillion to the federal government, state governments, and local government councils from the November 2024 federal accounts revenue.
BudgIT, a civic tech organisation, has disclosed that only Rivers and Lagos states can take care of their operating costs without relying on revenue from the Federation Account Allocation Committee.