Federal, States and Local Government Areas in Nigeria shared a total sum of N606.196 billion in April. This was contained a statement from the Ministry of Finance, Budget and National Planning on Friday. The figure is lower than N780.926 billion shared in March. This was announced at the Federation Accounts Allocation Committee (FAAC) virtual meeting
Federal, States and Local Government Areas in Nigeria shared a total sum of N606.196 billion in April.The figure is lower than N780.926 billion shared in March.The Permanent Secretary of the Ministry, Dr. Mahmoud Isa-Dutse headed the meeting.
The communiqué issued by the Federation Accounts Allocation Committee showed that the Gross Revenue available from the Value Added Tax for April 2020 was N94.495 billion as against the N120.268 billion shared in the month of March 2020. This resulted in a decrease of N25.772 billion. The distributed Statutory Revenue of N370.411billion received for the month was lower than the N597.676 billion received for the previous month by N227.265 billion.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FG, States, LGs Share N606.196bn April Revenue - THISDAYLIVEBy Ndubuisi Francis The Federation Accounts Allocation Committee (FAAC) Friday distributed a total of N606.196 billion as April allocation to the federal, state and local governments. The distribution was conducted via a virtual conferencing, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse. A communique issued after the …
Read more »
Nigerian govt, states, local councils share N606 billion for AprilThe three tiers of government on Friday shared about N606.196 billion as federal allocation for April 2020.
Read more »
FG, States, LGCs share N606.196 billion for the month of AprilThe Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, a total sum of N606.196 billion for the month...
Read more »
COVID-19: Enugu govt, federal agencies donate palliatives to vulnerable church groupsThe food items presented include rice, oil, tomato paste, semovita and noodles, among others.
Read more »
COVID-19: Enugu govt, federal agencies donate palliatives to vulnerable church groupsThe administration of Governor Ifeanyi Ugwuanyi of Enugu State, in collaboration with the Federal Ministry of Humanitarian Affairs and Tertiary Education Trust (TET) Fund, have donated some food items to four major church groups in Enugu State, for onward distribution to their vulnerable and poor members. The benefiting church groups are the Catholic Dioceses of
Read more »
Kano Govt Quarantines Over 2000 AlmajirisKano Govt Quarantines Over 2000 Almajiris
Read more »