FAAC shares N786bn May revenue to FG, states, LGCs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion May 2023 Federation Account Revenue to Federal Government, States and Local Government Councils (LGCs).

This is according to a communiqué issued at the end of the FAAC meeting for June, chaired by the Accountant General of the Federation (AGF), Dr Oluwatoyin Madein.