Nigeria: FAAC Disburses N4.54 Trillion to Govt, Others in 9 Months - NEITI

30 November 2017

The Federation Account Allocation Committee (FAAC) disbursed a total of N4.545 trillion to the federal, states and local governments as allocations between January and September 2017.

Out of the amount, N1.757trn was shared in the third quarter of 2017 as against N1.377trn and N1.411trn disbursed in the second and first quarters of the year, a Quarterly Review of the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown.

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