Coronavirus: Amid drop in oil revenues, FAAC shares N781bn for March

Despite the drop in oil revenues amid the ravaging impact of the dreaded coronavirus pandemic, the Federation Accounts Allocation Committee (FAAC) on Wednesday shared about N780.9 billion to the three tiers of government for March 2020. This was confirmed in a statement from the office of the Accountant-General of the Federation at the end of the virtual FAAC meeting of the representatives of the federal, states and local governments, along with Federal Capital Territory counterparts. Others who participated in the online meeting included representatives of all the revenue-generating agencies, namely the Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS),

By |April 22nd, 2020|Categories: News|Tags: |0 Comments
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