Federation Account Committee Approved 611.7BN to Three tiers of Gov’t

Katung Babatunde.

The Federation Account Allocation Committee- FAAC, has approved the distribution of 611.7Billion Naira to the three tiers of Government as funds for the month of August.Chairman of the Committee and Minister of State for

        Finance Bashir Yuguda disclosed that amount is 42.8 Billion Naira lower than what was distributed as collection for the month of July.