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FAAC Allocates N605.95bn To FG, State, And Lgs In May - Politics - Nairaland

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FAAC Allocates N605.95bn To FG, State, And Lgs In May by Health16: 7:58am On Jun 24, 2021
The Federal Accounts Allocation Committee (FAAC), said it shared a total of N605.958 billion as of May 2021 revenue to the Federal, state, and Local Governments as well as other relevant agencies.

Mr. Charles Nwodo, Director, Information, Ministry of Finance, Budget and National Planning, in a statement in Abuja, said the amount was shared during a virtual conference of the committee.

The committee, in a communique, noted that the N605.958 billion shared included the cost of collection to the Nigeria Customs Service (NCS), Department of Petroleum Resources (DPR), and the Federal Inland Revenue Service (FIRS).

https://newsrand.com/2021/06/24/faac-allocates-n605-95bn-to-fg-state-and-lgs-in-may/

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