FAAC shares N1.578trn March revenue to Federal, states, local councils

FAAC shares N1.578trn March revenue to Federal, states, local councils

The Federation Account Allocation Committee, FAAC, shared N1.578 trillion to federal, state and local government councils as revenue for March 2025. This is contained in a communiqué on Tuesday after a FAAC meeting held in Abuja. The total distributable revenue of N1.578 trillion comprised distributable statutory revenue of N931.325 billion, distributable Value Added Tax, VAT revenue of N593.750 billion, Electronic Money Transfer Levy, EMTL reve…

FAAC shares N1.58tr to FG, states, LGAs in March

FAAC shares N1.58tr to FG, states, LGAs in March  The Federation Account Allocation Committee (FAAC), at its April 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.578 Trillion to the three tiers of government as Federation Allocation for the month of March […] The post FAAC shares N1.58tr to FG, states, LGAs in March appeared first on PRNigeria News.