FAAC disburses the sum of N547BN among FG, States and LGAs

Nigerian Stock Exchange Forum
A sum of N547.3bn was distributed among FG, States and LGAs by the Federal Account Allocation Commitee in June 2020 as monthly allocation derived from revenue generated in May 2020. For May, a monthly allocation of N606.2bn was distributed among all tiers indicating a 9.7 per cent drop when compared to June's allocation. Also, a 29.9 per cent decline was indicated… FAAC disburses the sum of N547BN among FG, States and LGAs
Source: FAAC disburses the sum of N547BN among FG, States and LGAs

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