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FAAC allocates N903.4 billion to...

FAAC allocates N903.4 billion to FG, states,...

FAAC allocates N903.4 billion to FG, states, LGs for September 2023

FAAC allocates N903.4 billion to FG, states, LGs for September 2023 In its October 2023 meeting, the Federation Account Allocation Committee (FAAC) disbursed a total of N903.480 billion from the Federation Account Revenue to the Federal Government, State Governments, and Local Government Councils for September 2023. This distribution encompassed various revenue sources, including statutory revenue, Value Added Tax (VAT) revenue, Electronic Money Transfer Levy (EMTL) revenue, and Exchange Difference revenue. The gross statutory revenue for September exceeded the previous month by N123.019 billion, but VAT revenue experienced a decrease compared to the...

FAAC allocates N903.4...

FAAC allocates N903.4 billion to FG, states, LGs for September 2023 In its October 2023 meeting, the Federation Account Allocation Committee (FAAC) disbursed a total...
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