FAAC shares N786bn to FG, states, LGAs in May
The Federation Account Allocation Committee, FAAC, has shared N786.16 billion to the three tiers of government in May, 2023. The figure represents an increase of N130.23bn compared to the N655.93bn shared in April 2023, and it is the highest this year and the first increase following a constant decline since January. FAAC disclosed this in…