Tag: FAAC
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Excess Crude Account Is Now $474,754 – FAAC
This was stated in the communiqué that was released following the FAAC meeting in April 2023.
The entire distributable revenue of N714.629 billion was made...
FAAC April revenue fell by N68.969 billion as FG and others split N656.6 billion
Last month, the Federation Account Allocation Committee (FAAC) distributed N656.602 billion to the federal government, states, and local governments.
However, this amount is N68.969 billion...
