Feb 2020 FAAC: C’river takes home N1.6bn against N2.5bn recurrent wage bill, see details

Feb 2020 FAAC: C'river takes home N1.6bn against N2.5bn recurrent wage bill, see details

February 2020 FAAC allocation to Cross River State

Gross Statutory Allocation: N3,273,231,820.84

Debt Service Deductions: N1,650,842,778.61

Net Statutory Allocation: N1,622,389,042.23

This Cross River State Net Statutory Allocation Figure of N1.6Bn is against a Monthly Recurrent Cross River State Wage Bill of N2.5Bn