How FG, States, LGs Shared N1.088trn November Allocation

    The Federation Account Allocation Committee has shared the sum of N1.088 trillion to the Federal Government, States and Local Government Councils. A communique issued at the end of the FAAC, in Abuja, on Friday, indicated that the allocation came from November 2023 Federation Account revenue. The N1.088 trillion distributable revenue comprised a distributable statutory revenue of N376.306 billion, distributable Value Added Tax revenue of N335.656 billion, Electronic Money Transfer Levy revenue of N11.952 billion and Exchange Difference revenue of N364.869 billion. According to the communique, a total revenue of N1.620 trillion was earned in November 2023. Out of

By |December 15th, 2023|Categories: News|Tags: , , |0 Comments
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