FAAC Distributes N634 Billion To Federal, State And Local Governments The Federations Account Allocation Committee (FAAC) meeting has disbursed the sum of N634 billion to the federal, state and local governments for the month of April. Addressing journalists after the committees meeting in Abuja, the Accountant General of the Federation, Mr Jonah Otunla said that a total of N35 billion has been proposed for distribution under the Subsidy Re-investment Programme (SURE-P) across the country. He said that gross revenue for the month stood at N584 billion as against N614 billion received in March.
Posted on: Thu, 15 May 2014 16:46:36 +0000
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