Federal govt, states, LGs share N610.4bn in February -

Federal govt, states, LGs share N610.4bn in February

The Accountant General of the Federation, Ahmed Idris, disclosed this in Abuja while briefing journalists at the end of the Federation Account Allocation Committee meeting at the finance ministry headquarters.

The document showed the gross revenue receipt was lower than the N547.462 billion received in the previous month by N42.216 billion. The gross revenue from Value Added Tax collection was about N104.468 billion as against N100.760 billion distributed in the previous month, resulting in an increase of N3.708 billion.

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