Abuja, NIGERIA — Nigeria's Federation Account Allocation Committee (FAAC), has shared the sum of 1.208 trillion Naira as revenue for April among the Federal Government, states and Local Government Councils (LGCs). The revenue was shared on Thursday at the May meeting of FAAC in Abuja. A communiqué issued by the committee said that the ₦1.208 trillion total distributable revenue comprised statutory revenue of ₦284.716 billion, and Value Added Tax (VAT) revenue of ₦466.457 billion. News Agencies
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Mon May 19 2025 18:32:25 GMT+0000 (Coordinated Universal Time)
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Nigeria's FAAC has shared the sum of 1.208 trillion Naira as revenue for April among FG, states and LGCs
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Published (Updated) on Friday, May 17, 2024
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• Federal Government has deducted over N415bn from state government allocations to service external loans, according to reports
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