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The Federal, State and Local Governments in Nigeria shared N1.203 trillion as August 2024 revenue from the Federal Allocation Account Committee. This was contained in a communique on Tuesday by the Director of Press and Public Relations in the Office of the Accountant General of the Federation, Bawa Mokwa. The revenue distribution was announced at the September 2024 meeting of the Federation Accounts Allocation Committee (FAAC), held in Abuja. The distributable amount stems from total revenue of N2.278 trillion revenue available in August 2024. The N1.203 trillion distributable revenue dropped…

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