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Monday 25 June 2018

Federation Account Allocation Committee disburses N701bn in May

Federation Account Allocation Committee disburses N701bn in May

OpeOluwani Akintayo 25 May 2018, Sweetcrude, Lagos — Nigeria’s Federation Account Allocation Committee, FAAC disbursed the sum of N701.02bn to the three tiers of government in May 2018. In a newly released statistics by the National Bureau of Statistics, NBS, the fund was from the revenue generated in April 2018. The amount disbursed comprised of …

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