FAAC Shares N966.110bn Revenue To Federal Govt, States, LGAs

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FAAC Shares N966.110bn Revenue To Federal Govt, States, LGAs
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The Federation Account Allocation Committee (FAAC) has shared a total sum of N966.110 billion July 2023 revenue to the federation account among the three

Gross statutory revenue of N1.150 trillion was received for the month of July 2023. This was lower than the sum of N1.152 trillion received in the month of June 2023 by N2.497 billion.

For the month of July 2023, the gross revenue available from the VAT was N298.789 billion. This was higher than the N293.411 billion available in the month of June 2023 by N5.378 billion.

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