Money

(Ndale John)-Nigeria’s Minister of Finance, Mrs Zainab Ahmed, has called on the federal, states and local governments to save for the rainy day. Mrs. Ahmed gave the charge in Abuja on Friday after the three tiers of government shared the sum of N648.71bn for the month of September.

Speaking after the end of the monthly Federation Account Allocation Committee, FAAC, meeting in Abuja, the minister, who presided the meeting, disclosed that the Federal, state and local governments have shared a total of N648.71 billion for the month of September.

She however harped on the need for members of the committee from the various states to be transparent in their financial transactions and also embrace a saving culture to provide for the rainy day