The Federation Accounts Allocation Committee FAAC shared a total sum of 547.3billion Naira as federation allocation for the month of May 2020. 

The Allocation Committee disclosed this today at its meeting, chaired by the Permanent Secretary, Federal Ministry of Finance, MAHMOUD ISA-DUTSE.

A breakdown of the payment shows that the Federal Government received 219.8billion Naira; the States received 152.4 billion Naira, the Local Government councils got 114.095 billion Naira, while the oil-producing states received 37billion Naira as derivation fund.