![NEC Inauguration: Buhari tells Governors "no more bail-outs", Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, States receive N2.53 trillion allocation in 2019 , IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list], FG share N8.15 trillion with states, others in 2019 , FAAC disburses N647.35 billion in February as allocation drops further](https://i1.wp.com/nairametrics.com/wp-content/uploads/2019/06/Buhari-and-governors-2-e1561364323168.jpg?resize=218%2C150&ssl=1 "FAAC disburses N647.35 billion in February as allocation drops further")
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![NEC Inauguration: Buhari tells Governors "no more bail-outs", Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, States receive N2.53 trillion allocation in 2019 , IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list], FG share N8.15 trillion with states, others in 2019 , FAAC disburses N647.35 billion in February as allocation drops further](https://i1.wp.com/nairametrics.com/wp-content/uploads/2019/06/Buhari-and-governors-2-e1561364323168.jpg?resize=150%2C150&ssl=1 "FAAC disburses N647.35 billion in February as allocation drops further")
FAAC disburses N647.35 billion in February as allocation drops further
The Federal Account Allocation Committee (FAAC) disbursed the sum of N647.35 billion to the three tiers of government in February 2020.