Information by the Federation Accounts Allocations Committee, FAAC, shows that the total amount of money shared between the three tiers of government for the month of September stood at N420 billion; a N90.27 billion decline from the N510.27 billion that was distributed in August.
The Minister of Finance, Kemi Adeosun, has urged Nigerians in the Diaspora not to panic as a result of the foreign exchange policy of the Central Bank of Nigeria, CBN, assuring them that current value of the Naira was just temporary.
