FAAC allocation drops to N2.1tn in three months
The Federation Account Allocation Committee allocation to the federal, state and local governments declined to 2.18tn between January to March 2022, findings by The PUNCH
Tag : FAAC allocation
FAAC allocation declines by 30%, states’ finances may worsen
Revenue allocation to federal, state and local governments has declined from a peak of N970.57bn in July 2021 to N680.783bn in May 2022, representing a
FG, states, LGs suffered N270bn shortfall in 2021 FAAC allocation
The Federation Account Allocation Committee shared a total of N8.16tn among the three tiers of government in 2021, it has been learnt. However, data from
