FG, states, LGAs shared N2.2trn in August – FAAC
The Federation Account Allocation Committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in August. The allotment is based on a gross total…
Senate asks LGAs to tap into capital market
The Senate Committee on Capital Markets and Institutions says local governments should use the capital market to fund important projects rather than relying on federation allocations. This was noted in…