The Federation Account Allocation Committee (FAAC) has shared N2.43 trillion among the Federal Government, state governments and local government councils.

The allocation is expected to support government operations and public services across the country.

The Federal Government, states and local governments will receive their respective shares in line with the applicable revenue-sharing formula.

Further details on the breakdown of the allocation and the amounts received by each tier of government are needed to provide a complete picture.

GistZone will bring you more updates as additional details become available.