Breaking: FAAC disbursed N3.88trn to FG, states, LGs in 6 months – NEITI

The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the federal government, states, local government areas and other statutory recipients in the first half of 2020.

A breakdown of the disbursements showed that N1.53 trillion went to the federal government, while the states got N1.29 trillion and the 774 local government areas received N771.34 billion.

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