FAAC shares N3.007trn as states seek stronger fiscal footing

The Federation Account Allocation Committee has approved the distribution of N3.007trn to the Federal Government, 36 states and 774 local government councils as it urged subnational governments to convert rising revenue inflows into sustainable economic growth and stronger public finances. The decision was reached at the committee’s August 2026 meeting held in Owerri, Imo State, […] The post FAAC shares N3.007trn as states seek stronger fiscal footing appeared first on ThePointNG.

  News   Aug 18, 2026   0   4  Add to Reading List
FAAC shares N3.007trn as states seek stronger fiscal footing


















The Federation Account Allocation Committee has approved the distribution of N3.007trn to the Federal Government, 36 states and 774 local government councils as it urged subnational governments to convert rising revenue inflows into sustainable economic growth and stronger public finances. The decision was reached at the committee’s August 2026 meeting held in Owerri, Imo State, […]

The post FAAC shares N3.007trn as states seek stronger fiscal footing appeared first on ThePointNG.

Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow