The governor said that with the supplementary budget of N58 billion and N24 billion, the state 2023 budget had risen to N350 billion.
The report, he said, also covered nine selected states Akwa-Ibom, Bayelsa, Delta, Gombe, Imo, Kano, Nasarawa, Ondo and Rivers.
FAAC stated that a total revenue of N1,594.763 billion was available in September 2023.
“This will allow them work towards reducing the hardship being faced by the masses, presently,” he added.
NLC and TUC took to the streets of Kano on Wednesday in a massive but peaceful protest against the petrol subsidy removal.
He made the appeal on Monday.
The communiqué stated that the N786.161 billion total distributable revenue comprised statutory revenue of N519.545 billion and Value Added Tax (VAT) revenue of N251.607 billion.
Governor Nasir El-Rufai’s administration spent N43.8 billion of the N89.1 billion generated in the first quarter of 2023.
FAAC also stated that the Excess Crude Account balance as of January 17 stood at $473,754.57.
Revenues from Companies Income Tax (CIT), Petroleum Profit Tax (PPT), Oil and Gas Royalties decreased considerably in August.
