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FAAC: FG, states, LGs share N1 15trn for January

FAAC, in a communique issued at the end of its monthly meeting in Abuja, said the revenue was shared to meet the needs of the subnational governments.

Abuja federal capital territoryBawa mokwaExchange differenceGovernment councilsPetroleum profit taxFederation allocation accounts committeeCompanies income taxPublic relations of the officeFederal governmentPublic relationsValue added taxElectronic money transfer levyState governmentsLocal government councilsImport dutyGas royalties

FAAC shares N1 149 trillion to FG, states, local governments in January

The Federation Account Allocation Committee (FAAC) announced the distribution of N1.149 trillion in January 2024 revenue, marking an increase compared to December 2023.

Bawa mokwaFederation account allocation committeeGovernment councilsExchange differencePetroleum profit taxCompanies income taxFederal governmentLocal governmentValue added taxElectronic money transfer levyState governmentsLocal government councilsImport dutyGas royaltiesExport duty1 149 trillion

FAAC: FG, states, LG share N1 15tn as revenue rises

FAAC in a communiqué issued at the end of its monthly meeting in Abuja said the revenue was shared to meet the needs of the sub-national government.

Abuja federal capital territoryBawa mokwaGovernment area councilsCompanies income taxPetroleum profit taxPublic relations of the officeFederation allocation accounts committeeGovernment councilsFederal governmentLocal government area councilsPublic relationsValue added taxElectronic money transfer levyLocal government councilsImport dutyGas royalties

Monthly Allocation: FAAC Shares N1 149tn to FG, States, LGs

Monthly Allocation: FAAC Shares N1 149tn to FG, States, LGs
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Abuja federal capital territoryNigeria generalNdubuisi francisCompanies income taxFederation account allocation committeeOffice of the accountantExchange differencePetroleum profit taxFederation account revenueAccount revenueCoordinating ministerWale edunAccountant generalValue added taxElectronic money transfer levyState governments

FG, states, LGCs share N1 149trn revenue for January — FAAC — National Accord Newspaper

FG, states, LGCs share N1 149trn revenue for January — FAAC — National Accord Newspaper
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Abuja federal capital territoryNigeria generalFederation account allocation committeeGovernment councils lgcs forPetroleum profit taxCompanies income taxExchange differenceFederal governmentLocal government councilsCoordinating ministerValue added taxElectronic money transfer levyImport dutyGas royaltiesExport dutyExcess crude account