FAAC: FG States, LGs share N2.6 trn

By Emma Ujah, Abuja Bureau ChiefThe Federation Account Allocation Committee (FAAC) has shared a total of ₦2.551 trillion among the Federal Government, the 36 States and the 774 Local Government Councils as Federation Account revenue for June 2026.The sharing of the revenue was the highpoint of the FAAC meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele on Wednesday.
The meeting, held in Abuja, was attended by the Accountant General of th