“Total revenue of N2.326 trillion was available in the month of February.”
FAAc said that from the N1.127 trillion, the federal government received N383.872 billion, States got N396.693 billion and the LGCs N288.928 billion.
The communiqué said total revenue of N1.48 trillion billion was available in August 2023.
The Federation Account Allocation Committee has given N655.932 billion in revenue for April to the federal, state and local governments.
Revenues from Companies Income Tax (CIT), Petroleum Profit Tax (PPT), Oil and Gas Royalties decreased considerably in August.
However, the balance in the Excess Crude Account (ECA), as at August 24 stands at 470,599.54 million dollars.
“The Federal Government received N301.311 billion, the states received N220.272 billion, the LGs got N164.176 billion.”
The federal government received N325.988 billion, the states received N224.929 billion while the local government councils got N168.424 billion.
