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FG, states, LGs share N1.2tr in August 2024

Naira 2

A total sum of ₦1.203 trillion June 2024 federation accounts revenue has been shared with the Federal Government, states, and local government councils in the country.

The revenue was shared at the September 2024 meeting of the Federation Accounts Allocation Committee (FAAC) held in Abuja and chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

This was disclosed in a statement on Tuesday by Bawa Mokwa, the FAAC spokesperson for the Accountant General of the Federation.

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