The Federation Accounts Allocation Committee (FAAC) meet virtually on Wednesday. Chaired by the Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, FAAC shared N547.309 billion to the three tiers of government for May 2020. The amount shared was inclusive of VAT, Exchange Gain and Excess Bank Charges recovered. The Federal Government received N219.799 billion, States […]
FAAC: FG, States, LGs share N547.3bn for May [Breakdown]