Drop in revenue threatens planned share of N5.7tr from FAAC

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Drop in revenue threatens planned share of N5.7tr from FAAC

« on: November 30, 2016, 01:03:47 am »

Drop in revenue threatens planned share of N5.7tr from FAAC

The Federation Account Allocation Committee’s (FAAC’s) plan to share N5.7 trillion to the three tiers of government within the year is under threat, FBN Quest has reported. A report by FBN Quest, the investment and research arm of FBN Holdings, said the cash was expected from the net distribution of the Federation Account and the […]

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Drop in revenue threatens planned share of N5.7tr from FAAC

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