FG, States, LGAs Share N1.298trn For September …C0NTINUE READING HERE >>>
A total sum of N1.298 trillion from September 2024 federation accounts revenue has been distributed to the federal government, states, and local government areas.
The revenue allocation was announced at the October 2024 meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja on Thursday.
The N1.298 trillion distributable revenue comprised: statutory revenue of N124.716 billion, Value Added Tax (VAT) revenue of N543.518 billion, electronic money transfer levy revenue of N18.445 billion, exchange difference revenue of N462.191 billion and augmentation of N150 billion.
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