FAAC shares N681.330 billion March 2021 revenue to FG, states, LGAs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N681.33 billion as March 2021 federation revenue to the Federal, States and Local Governments Councils and relevant Agencies in the country.

In the month of March 2021, N154 billion was transferred to the non oil revenue savings and the balance in the Excess Crude Account (ECA) was $ 72.413 million.

This was contained in a communiqué issued at the end of the virtual meeting of the Federation Account Allocation Committee (FAAC) for April 2021.

The gross statutory revenue for the month…

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