The Federal Accounts Allocation Committee on Wednesday night distributed a total sum of N305.12bn to the three tiers of government as statutory allocation for the month of May.
The FAAC meeting, which was earlier scheduled to hold on Tuesday, could not be convened because of the protest by workers of the Ministry of Finance, which was suspended on Wednesday.
A communique issued at the end of the meeting, which was read by the Minister of Finance, Mrs. Kemi Adeosun, stated that the amount allocated in May was higher than the N281.5bn shared in April.



























