Nigeria’s Federation Account Allocation Committee (FAAC) has disclosed significant allocation of funds to the three tiers of government. As revealed in a statement on Friday by the Finance Ministry, in December 2024, a total of N1.42 trillion was shared among the Federal, State, and Local Governments. This allocation is a result of a gross total […]

The post Gross Statutory Revenue Declined By 32%, FG, States, LGs Shared N1.4trn In December 2024 – FAAC appeared first on Information Nigeria.