FAAC Shares N903.480bln September Revenue To FG, States, LGs

The Federation Account Allocation Committee (FAAC) has shared N903.480 billion September 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. A communique issued by the FAAC at its October, 2023 meeting indicated that the N903.480 billion total distributable revenue comprised distributable statutory revenue of N423.012 billion, distributable Value Added Tax (VAT)…

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