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)…
The Federation Account Allocation Committee (FAAC) has disbursed N802.407 billion to the three tiers of government for the month of June, 2022. The amount disbursed was N121,624 billion more than N680,783 billion shared in May Federal, state and local governments The balance in the Excess Crude Account (ECA) also grew to $376,655.09…
A total of N733.095 billion as been shared by Federation Accounts Allocation Committee (FAAC) for June 2021 allocation to the Federal, states and local governments councils. A statement issued by the Office of Accountant General of the Federation on Friday disclosed that the ₦733.095 billion total distributable revenue comprised distributable statutory revenue…
