How the FAAC Allocation is Shared Among the Federal, State and Local Governments

During the end of every month, the Federal Government gathers all the money it has generated from crude oil, customs, taxes, etc. The money is then shared among all tiers of government by a federal allocation committee known as FAAC.

#OnOurRadar today is how the FAAC allocation is shared among the Federal, State and Local Governments.

Do you find this information helpful?
What are your thoughts regarding the allocated proportion of each tier?

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