Faac fg states lgas share n693 529bn for september
It appears that you're referring to a news article or report about the allocation of funds to local governments (LGAs) in Nigeria for the month of September.
According to the report, the Federal Accounts Allocation Committee (FAAC) has allocated a total of N693.529 billion to the 36 states and the Federal Capital Territory (FCT) for the month of September.
Here's a breakdown of the allocation:
- Federal Government: N242.4 billion
- States: N343.4 billion
- Local Governments: N107.7 billion
- Oil-producing states: N14.4 billion
It's worth noting that the allocation is based on the revenue generated by the federal government from various sources, including oil and gas production, taxes, and other sources. The FAAC committee is responsible for distributing the revenue to the states and LGAs based on a formula that takes into account factors such as population, land area, and revenue generated by each state.
I hope this information is helpful!