WATCH THE VIDEO HERE A total sum of 1.3 trillion naira has been Disbursed to the federal , state and local government areas for the month of July. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. A communiqué issued by FAAC stated that from the 1,358 trillion naira total distributable revenue, the Federal Government received a total sum of N431.079 billion and the State Governments received total sum of N473.477 billion.