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FAAC: FG, States, others share N3.88trn in 6 months [Breakdown]

FAAC FG States others share N388trn in 6 months Breakdown - FAAC: FG, States, others share N3.88trn in 6 months [Breakdown]

The Federation Accounts Allocation Committee (FAAC) shared N3.879trillion to the federal authorities, states, native authorities areas within the first half of 2020. This was contained within the quarterly report on the evaluation of the Nigeria Extractive Industries Transparency Initiative (NEITI) launched on Tuesday. A breakdown confirmed that N1.53trillion went to the federal authorities, N1.29trillion to states and N771.34billion to 774 …

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