november allocation

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    Business FAAC: How FG, States, LGs Shared N386Bn Allocation For November

    The Federation Accounts Allocation Committee has allocated a total of N386.9bn to the three tiers of government for the month of November. The amount, when compared to the N420bn distributed in October, represents a decline of N33.1bn. Addressing journalists shortly after the meeting, the...
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    Business Nigeria: Recession Bites Harder as November Allocation Decline By N33bn [BREAKDOWN]

    The revenue available for sharing by Nigeria’s federal, states and local governments in November declined by N33.1 billion. Thus, N386.9 billion was distributed to all tiers of government compared to the N420 billion shared in October. The minister of Finance, Mrs Kemi Adeosun, represented...