FAAC: FG, states, LGs share N1.578 trillion for March

The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Febderal Government, states and the Local Government Councils (LGCs) for the month of March.

A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), said the revenue was shared at the April meeting of FAAC in Abuja.

The communiqué said that the total revenue of N1.578 trillion comprised statutory revenue of…