The Federation Account Allocation Committee (FAAC) shared N655.932 billion among the three tiers of government in April 2023.
FAAC revealed Gross Statutory Revenue of N497.448 billion; Value Added Tax (VAT) of N202.693 billion, and Electronic Money Transfer Levy (EMTL) of N14.488 billion.
The Federation Account Allocation Committee (FAAC) disbursed a sum of N3.16 trillion to the thirty-six (36) states of the federation in 2022.
The Minister said the government revenue will be stabilized to restore adequate fiscal space.
The Federation Account Allocation Committee (FAAC) disbursed the sum of N190.38 billion to the 36 States government in the month of August 2019.
Federal Allocation of N1.57 trillion was given to thirty-six (36) states between January and July 2019. This is according to the Federation Account Allocation Committee (#FAAC) reports covering the period.
