The Federation Accounts Allocation Committee has shared N1.354 trillion June revenue among the federal, state and local governments.
The NEDC chief identified a paucity of funds as another challenge hampering the hitch-free implementation of their master plan.
N84 billion of the total debt is due to contractors, and N27 billion for pension arrears.
Of the VAT, federal government got N28.111 billion, states N93.705 billion and LGCs N65.593billion.
“The Federal Government received N301.311 billion, the states received N220.272 billion, the LGs got N164.176 billion.”