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FAAC is responsible for reviewing and adopting the allocation of funds to States of the Federal government of Nigeria.

REVIEW AND ADOPTION

Deductions are supervised by the Federal Accounts Allocation Committee in order to efficiently carry out the accurate disbursement of funds to the States.

Deduction Management

The Federal Account Allocation Committee FAAC issues a mandate letter to the CBN, to facilitate the disbursement of funds to individual States and the FCT.

DISBURSEMENT SERVICES

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Services

FAAC Services

REVIEW AND ADOPTION

Deduction Management

DISBURSEMENT SERVICES