Tag: LGs share N1.1 trillion from December 2023 allocation

The Federation Account Allocation Committee (FAAC) has shared N1.127 trillion in December 2023 federal revenue among the federal government, states and Local Government Councils (LGCs). This was disclosed in a communique by the FAAC at its January meeting, chaired by the accountant general of the federation, Oluwatoyin Madein. According to the communique, the N1.127 trillion…