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FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue (201 Views)

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FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue by Mateco556: 12:34pm On May 17
In a recent announcement, the Federation Account Allocation Committee (FAAC) has disclosed the distribution of N1.208 trillion to the federal, state, and local governments for May 2024. This allocation stems from the revenue collected in April 2024, encompassing various streams such as statutory allocations, Value Added Tax (VAT), and Electronic Money Transfer Levies (EMTL).

This distribution marks an approximate 8% increase from the N1.123 trillion allocated in the previous month, indicating a modest yet notable rise in government revenue flows...

https://ratecaptain.com/faac-distributes-n1-208-trillion-to-fg-states-lgs-from-april-revenue/
Re: FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue by CodeTemplar: 12:40pm On May 17
What are they all doing with the huge allocations? Overhead bridges and multi lane tolled highways.
Re: FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue by commoditiesnig: 1:15pm On May 17
Money shared to all tiers of govt.

Lets all hold our state and local govt responsible!
Re: FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue by Ofunaofu: 1:31pm On May 17
What are they doing with all these money
Re: FAAC Distributes N1.208 Trillion To FG, States, Lgs From April Revenue by Topsido(m): 10:21am On May 18
To our beloved junior friends fron the southeast: hol your governors and stop disturbing Mr. President.

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