₦1.3 Trillion Allocated to Governments for July 2024, FAAC Says
A total of ₦1.3 trillion has been allocated to the federal, state, and local governments for July 2024, according to the Federation Accounts Allocation Committee (FAAC). The revenue distribution was announced during the FAAC meeting held in Abuja in August 2024. The communiqué from FAAC revealed that out of the ₦1.358 trillion total distributable revenue,…