₦airaland Forum

Arsenal should have a glorious outing in this match!

Well let's wait and see what he performs at Villa Park!

Gensun:
FG, States and LGAs share N700.235bn for Sep 2022
By Nduka Chiejina (Assistant Editor) On Oct 26, 2022
FAAC
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The Federation Account Allocation Committee (FAAC) has shared N700.235 billion to the three tiers of government as federation allocation for September, 2022.

From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), and Electonic Money Transfer Levy (EMTL), the Federal Government received N262.636 billion, the States received N217.191 billion, the Local Government Councils got N160.416 billion while oil producing States received N59.992 billion as derivation from 13 percent mineral revenue.

The communiqué by FAAC at the end of the meeting indicated that the Gross Revenue available from the Value Added Tax (VAT) for September 2022 was N189.928 billion which is a decrease from what was distributed in the preceding month.

The VAT distribution showed that the Federal Government got N28.489 billion, the States received N94.964 billion and the Local Government Councils got N66.475 billion
The Gross Statutory Revenue of N502.135 billion distributed was higher than the sum received in the previous month, from which the Federal Government was allocated the sum of N232.921 billion, States got N118.141billion, LGCs got N91.081billion, and Oil Derivation (13 percent Mineral Revenue) got N59.992 billion.

Also, N8.172 billion of Electronic Money Transfer Levy (EMTL) distributable revenue was shared to the three tiers of government as follows; the Federal Government received N1.226 billion, States got N4.086 billion, Local Government Councils received N2.860 billion.

The communiqué further revealed that Oil and Gas Royalties increased tremendously, while Petroleum Profit Tax (PPT) and Excise Duty recorded marginal increases. However, Value Added Tax (VAT), Import Duty and Companies Income Tax (CIT) decreased considerably.

It was further disclosed that total revenue distributable for the month of September was drawn from Statutory Revenue of N502.135 billion, Value Added Tax (VAT) of N189.928 billion and N8.172 billion drawn from Electronic Money Transfer Levy (EMTL), bringing the total distributable for the month to N700.235 billion.

However, the balance in the Excess Crude Account (ECA), as at 26th October 2022 stands at $472,513.6

The meeting has been coming rather late! Though better late than never!

LeoDeKing:
Slow and steady is the rule for winning the game.

Tinubu is the next president of the fed rep of Nigeria.

Amen and Amen and Amen and Amen and Amen and Amen and Amen!!!!!!!

Most of those in the corridors of power are deeply involved!

Atiku has an undying love for his kinnmen! He can't hide it again!

handsomeyinka:
Nice one..

Merry Christmas and happy new year to us all in advance.

Anyone reading this right now will definitely make the new year in jesus name.

Amen! And you too, thanks!

Hmmmmm! Na dem ooooo!

Jagaban! No retreat! No surrender! Up BAT!

JoshTim:
Okoro and emeka don still carry their bad doings take affect genuine and hardworking Nigerians. This people needs serious deliverance. Okoro and crime na 5&6. They have sworn blood covenant with ill gotten wealth. Run from them.

They cannot change their ways!

Racoon:
RIP son. Brigadier David Mark of the infamous IBB era.

Do you remember his infamous assertion when he was Communications Minister: "Telephone is not for the poor"? God bless the soul of the departed and console the family.

This so called Obidients/Ipob miscreants!

9jii:
PDP: the terrible thing that happened to Nigeria, and we are still paying the price of their mismanagement.

Thanks for that. Most Nigerians have apparently forgotten their evil misrule!

AllTheWayUp:
Okowa is a goal
Sheriff will Defeat Omo Agege overwhelmingly
APC and Omo Agege were praying for court to declare the unpopular David Edevbie as PDP candidate but they have been left disappointed
Omo Agege is no match for Sheriff in Delta State
Sherriff Oborevwori will flog Omo Agege in the polls

Let's wait for the day!

Ride on Jagaban! No retreat! No surrender!

sprints1:
ruud van nistelrooy hates arsenal to his bone marrow when he was still at united he knows how to destroy arsenal. PSV to win 2-1

How far?

Who's fooling who?

FreeStuffsNG:
Unfortunately, most of the tribalist inciting Igbo against Yoruba and vice versa do not have shops and investment in Lagos.

I honestly do not think and support that the market be closed without clear path to peace. The traders and RTEAN are both wrong in my opinion but OP is right that the traders have more to lose.
Please let us live together in peace and respect one another. All those hate filled bigotted ipob terrorist group members hating on Yoruba do not represent the Igbo race. True Igbo loves and respect their Yoruba host and same with a true Omoluabi.

Ipob terrorists do not represent the igbo. It was ipob terrorists and not Igbo as a race that burnt down Lagos

You've spoken very well and reasonably too!

gidgiddy:
The good thing about all this is that Buhari has exposed himself to the world as one who does not abide by court orders

Don't mind the hypocrite! His government pressurized ASUU to resume in compliance of the court ruling! Shioor!

An explosive one!!!

This match would be an explosive one! And it turned out to be one! What a sweet victory!

Arsenal should have a glorious outing!

main24:
Man U to Lose

How far?

[quote author= post=117701842]Orton, in case you never know,
Atiku and his boy Peter Obi are one and the same.
Nigerians will never forget that.
Even when they are one and the same in PDP they were defeated twice hands down.
Not to talk of when they are now 3 mushroom parties.

JAGABAN, Our incoming Presido by God's Grace.
Nigeria will be Great Again in our lifetime whether the evil ones like it or not.[/quote]You've spoken very well and reasonably too brother!

It's a pity that the party couldn't find a solution to its lingering internal squabbles!

Mariory:
No Source = Fake News!

Obviously the handiwork of Obidients and Ipob miscreants!

9jii:
Tambuwal was and is always going to be like that,
he's not Politician but an opportunist that always ripped up Politicians. From the start of his career in politics/419 he was never in it for any politics but purely to take advantage and scam everyone.
If you followup everything is clear to see
from how he got to be the Rep.member to being a Speaker and the way he move to APC and becomes a governor in Sokoto.
After wike, Currently he's scamming Atiku, by paying media Outlets to announce many staged Decamping news. That's he's final moves to cashout and jet out.

Nothing to add again about this man's shameful antics!

Tinubuwins2023e:
Tenants want to send land owners away?
This animals are chewing more than what they can swallow.

Visitors in yorubaland dey beat chest
Wotowoto na him una go collect.
We go soon see videos of you people crying soon

I think it's high time this issue is settled once and for all!

StPete:
Rubbish sponsored write up to cover shame of NNPC and those saddled with the task of protecting our pipelines. After 9 years or more of serious theft, the OP came out to write this trash

Its nothing but an hatcet job by one of them! Shameless crooks that should be shot!

All human beings can fall sick anytime. Nothing spectacular about it!

I will rather align with Abike Dabiri. She was very right in her assertion that most Nigerians caught in Indonesia are nabbed for drug-related crimes!