“Total deduction for cost of collection is N80.517 billion; total transfers, interventions and refunds is N903.479 billion.
Browsing: Federal allocation
The total distributable revenue of N1,152.756 trillion was drawn from Statutory Revenue of N101.349 billion, Value Added Tax (VAT) of N428.806 billion, N15.157 billion from Electronic Money Transfer Levy (EMTL), and N607.444 billion from Exchange Difference.
He said a breakdown of the revenue receipts showed that the federal government received N3.99 trillion, representing 39.37 per cent of the total allocation.
The Federation Account Allocation Committee (FAAC) has shared ₦1.127 trillion revenue among the federal government, states and local government councils (LGCs) for the month of December 2023.
The Federation Account Allocation Committee (FAAC) has shared a total of N903.480 billion September 2023 Federation Account Revenue to the Federal Government, states and Local Government Councils (LGCs).
ASHENEWS reports that the Federation Account Allocation Committee (FAAC) has shared N700.235 billion to the federal, states and local government…
The federal government, states and local government councils have received N675.946 billion from the Federation Accounts Allocation Committee, FAAC, for…
Lagos state governor, Babajide Sanwo-Olu on Monday advocated an upward review to 42 per cent the revenue accruing to states…
The Federation Accounts Allocation Committee (FAAC) has shared N696.965 billion as federation allocation for August. This is contained in a…
… FAAC silent on PIA, VAT The Federation Accounts Allocation Committee, FAAC, shared a total of N760.717 billion for July…