By Adedapo Adesanya The federal government, the 36 states of the federation and the 774 local government areas shared the sum of N605.96 billion from the revenue generated in May 2021. This was disclosed by the Federation Accounts Allocation Committee (FAAC) in a communique released on Thursday after its meeting held via virtual conferencing. Business Post reports that the amount shared by the three tiers of government for the June 2021 allocation was lower than the N616.9 billion disbursed last month. Giving a breakdown of the disbursement, the committee explained that from the inclusive cost of collection to Nigeria Customs … Continue reading June 2021 Allocation to FG, States, LGs Drops to N605.96bn