FG, states, LGAs share N760bn as revenue allocation for September
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The federal government, states, and local councils on Thursday shared N760billion as revenue allocation for September. The Federation Account Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its meeting in Abuja. A breakdown of the figure revealed that N502.135 billion was for statutory revenue, N189.928 billion for Value-Added Tax (VAT), … [Read more…]