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The Federal, State and Local governments shared N802.407billion as federation allocation for the month of June 2022.
According to a statement issued by the Director of Press/Information, Federal Ministry of Finance, Phil Abiamuwe-Mowete, the sharing decision was reached at Federation Account Allocation Committee’s meeting on Tuesday.
The statement noted that this represents 18 per cent increase from N681billion shared in May.
An earthquake has hit the Northern Philippines. According to the Chief Press Secretary to the President, Trixie Cruz-Angeles, the quake, which struck the mountainous and province of Abra on the main Island of Luzon, was measured at a preliminary magnitude of 7.3 by the Philippines Institute of Volcanology and Seismology. Meanwhile, President Ferdinand Marcos Jr, ordered rescue and relief teams to be sent to Abra, as he prepares to fly […]
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