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FG, states, LGs share N906 96bn FAAC allocation

The Federation Account Allocation Committee said it shared N906.96bn among the three tiers of government for October 2023.

Stephen kilebiGovernment councilsPetroleum profit taxOil producing statesOil derivationFederation account allocation committeeFederation allocation forExchange differencePublic relationsValue added taxNon oil mineral revenueFederation allocationStatutory revenueGross statutory revenueElectronic money transfer levyFederal government

FG, states, LGs share N906 96bn October revenue

The total amount includes gross statutory revenue, Value Added Tax, Augmentations from Forex and Non-oil Mineral Revenue, and electronic money transfer levy, among others.

Stephen kilebiOil producing statesOil derivationPetroleum profit taxExchange differenceGovernment councilsFederation allocation forFederation account allocation committeeCompanies income taxPublic relationsValue added taxNon oil mineral revenueFederation allocationStatutory revenueGross statutory revenueElectronic money transfer levy

FAAC: FG, States, LGs share N966 110bn July allocation

The Federation Account Allocation Committee (FAAC), at its meeting chaired by the Minister of Finance and the Co-ordinating Minister of the Economy, Mr Wale Edun, in Abuja on Tuesday, shared a total sum of N966.110 billion to the three tiers of government as Federation Allocation for July 2023 out of total gross revenue of N1, 746.491 trillion.

Nigeria generalAbuja federal capital territoryOil derivationFederation account allocation committeeOil producing statesExchange differenceGovernment councilsPetroleum profit taxStephen kilebiFederation allocation forCo ordinating ministerFederation allocationGross statutory revenueValue added taxElectronic money transfer levyFederal government

FG, States, LGCs share N750bn for January

The Federation Account Allocation Committee, FAAC, at its meeting, shared a total sum of N750.174 billion to the three tiers of government as Federation

Federation account allocation committeeFederation allocation forGovernment councilsFederation allocationGross statutory revenueValue added taxNon mineral revenueElectronic money transfer leviesFederal governmentLocal government councilsMineral producing statesMineral revenueGross statutoryExcess crude account

FG, States, LG Share N750bn January Allocation

FG, States, LG Share N750bn January Allocation
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Abuja federal capital territoryEid informationFederation account allocation committeeFederation allocationPetroleum profit taxCompanies income taxFederation allocation forGovernment councilsGross statutory revenueValue added taxElectronic money transfer leviesFor decemberFederal governmentLocal government councilsMineral producing statesMineral revenue

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