FG, States, LGs Share N1.681 Trillion FAAC Allocation For April
FG, States, LGs Share N1.681 Trillion FAAC Allocation For April From the Federation Account Allocation Committee, FAAC, the Federal Government, 36 states, and 774 local governments got N1.681 trillion as revenue for April 2025. This is a 6.5 per cent (N110 billion) increase compared to the N1.578tn shared for March. The Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Bawa Mokwa, said this in a statement on Friday. He said the amount was shared during the May 2025 FAAC meeting in Abuja. “The total distributable revenue of N1.681tn comprised distributable statutory revenue of…
