State

economy

FG, states, local councils share N990.189bn for Dec. 2022

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022. This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of Finance, Budget and National Planning. From the N990.189 billion, the Federal Government received N375.306 billion, the 36 states of the federation and the…