Following a re-convergence of this month's Federation Account Allocation Committee (FAAC) meeting earlier scheduled for last week but was inconclusive due to an impasse between commissioners of state and the minister of state finance, Dr. Yerima Ngama over the distribution of February arrears.
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The FAAC has however shared the total sum of N620.656 billion amongst the three tiers of government with the Federal government getting the sum of N 235.778 billion representing 52.68% of the figure and the States government got the sum of N119.590 billion representing 26.72% while the Local government councils got the sum of N92.199 billion representing 20.60%.
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However, the disputed February arrears was also shared between he three tiers and the total arrears collected for the month of February amounted to the tune of N156 billion.