• How 36 states shared N156.2bn in two months

    How 36 states shared N156.2bn in two months

    The total sum of N156, 240,031,414.57 was shared for the 36 states of the federation from Federation Account Allocation Committee for the month of May and June, 2016.

    In a statement released yesterday by the National Bureau of Statistics, NBS, from the FAAC allocation by federal, state and all 774 LGAs for June and July, 2016, the gross statutory allocation of 57,228,855,281.52 was shared for the 774 LGAs in the month of June and N99,011,176,133.05 in the month of July.

    A breakdown […]