The Federal Account Allocation Committee (FAAC) yesterday distributed N740.88 billion to the federal, state and local governments as allocation for August 2019. Federal Government received N301.804 billion (52.68 per cent), the states N188.925 billion (26.72 per cent) and councils N142.654 billion (20.6 per cent), while the oil-producing states got N43.513 billion as 13 per cent…

The Federal Account Allocation Committee (FAAC) has shared N493.828billion generated revenue for the month of July 2016 among the federal, states and local governments in Nigeria.