FG, States, LGs Share N606.196bn April Revenue - THISDAYLIVE

FG, States, LGs Share N606.196bn April Revenue via thisdaylive

The Federation Accounts Allocation Committee Friday distributed a total of N606.196 billion as April allocation to the federal, state and local governments.

A communique issued after the conference indicated that the N606.196 billion comprised Value Added Tax , Exchange Gain, Solid Mineral Revenue, Excess Bank Charges and Excess Oil Revenue. The VAT distribution saw the federal government getting N13.182 billion, states received N43.941 billion, while local government councils got N30.758

A total of N15.134 billion was for cost of collection/FIRS refund/allocation to the North East Development Commission and transfer to excess oil account.

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