FAAC Disburses N1.2trn Revenue To FG, States, LG For April
FAAC distributes N1.2 trillion in revenue to the Federal Government, states, and local governments for the month of April. During the FAAC meeting held in May 2024, the allocation shared consisted of N284.716 billion in distributable statutory revenue, N466.457 billion in distributable Value Added Tax (VAT) revenue, N18.024 billion in electronic money transfer levy revenue, and N438.884 billion in exchange difference revenue. The information was included in a statement released […]