The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and Local Governments.
The revenue was shared at the February 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance and Coordinating Minister for the Economy, Wale Edun.
The balance in the Excess Crude Account (ECA) was $473,754.57million, reports Nigerian Tribune.
According to a communique issued by FAAC, the N1,149.816 trillion total distributable