August 4, 2025

Local Governments

General

FAAC Disburses ₦1.818 Trillion to FG, States, LGs, Reflecting 9.6% Increase

The Federation Account Allocation Committee (FAAC) has announced the disbursement of a total of ₦1.818 trillion to the federal, state, and local governments for the month of June 2025, marking a 9.6 percent increase from the previous allocation. According to a statement released by the Director of Information, Office of the Accountant-General of the Federation,

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