₦airaland Forum

Federation Accounts Allocation Committee (FAAC) has shared a total of N733.095 billion as June 2021 but federation account revenue to the Federal, states and local governments councils.

A statement issued by the Office of Accountant General of the Federation on Friday disclosed that the ₦733.095 billion total distributable revenue comprised distributable statutory revenue of N585.752 billion; distributable Value Added Tax (VAT) revenue of N143.652 billion and Exchange Gain of N3.691 billion.

The sum of N87.469 billion was the total deductions for cost of collection, statutory transfers and refunds from June allocation distributed in July.

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Balance in the Excess Crude Account (ECA) was $60.853 million.

The statement quoted a communiqué at the end of the virtual meeting as confirming that from the N733.095 billion, Federal Government received N304.952 billion, the states received N215.572 billion, and the local government councils got N161.100 billion.

Nine oil producing states shared N51.470 billion as 13% derivation revenue.

The sum of N4.634 billion allocation to NEDC and N6.179 billion cost of revenue collection was deducted from the gross Value Added Tax (VAT) revenue of N 154.465 billion, resulting in the distributable Value Added Tax (VAT) revenue of N143.652 billion.

From the N143.652 billion, the Federal Government received N21.548 billion, the State Governments received N71.826 billion and the Local Government Councils received N50. 278 billion.

From the Exchange Gain revenue of N3.691 billion, the Federal Government received N1.781 billion, the State Governments receive N0.903 billion, the Local Government Councils received N0.696 billion and N0.311 billion was given to the relevant States as 13% derivation revenue.

According to the Communiqué, in June 2021, Petroleum Profit Tax (PPT), Companies Income Tax (CIT), Oil and Gas Royalties, Import and Excise Duty recorded substantial increases while Value Added Tax (VAT) decreased significant

GamaG:
SOMEONE SHOULD CONFIRM THIS

FAAC Shares N733.095 bn June 2021 Revenue To FG, States And LGs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local Governments Councils.

Yes! Confirmed

Chloraseptic:
I thought I'd be attended to swiftly since my PD has past

There's a lot of backlog but the embassy via working extra time to clear off the queue. Just be hopefull.

Vanity crew shift away from here.

Blackfire:
I can assure the basketball teams that they have nothing to fear, as FG is not PDP govt

Bros you never tire for suffer head?

Money heist...

obiekunie01:
DSTV is not a government agency it is a private owned business federal government has no right to dictate the price of their services!

Will government also subside their operational cost??

IF YOU CANT AFFORD DSTV THEN GO FOR OTHER CHEAPER ONES! PERIOD.

Some people are anti progressive... Black man mentality.

iservwurld:
Good Day All, Please I kindly need your help here. This is a message I received "Dear Applicant,
Your NYIF Loan application has been approved. Kindly click https://nyif.nmfb.com.ng/ and log into your profile to accept offer.
Thank you." I am having trouble's accepting the payment. I do not have any login details because it was my cousin who collected our details & submitted to the member representing us. My problem now is I don't have any login details & when I did the forgotten password, I didn't receive any link. Please can it be automatically accepted because I wouldn't want to lose out on this. I've asked him & he said I need to accept it myself but no login details.
How do I go from here please. Thank you.

Sorry to ask. Did you undergo any online training or you just got the mail?

Nigeria has gone to the waste bins. We are totally screwed.

This loan is becoming seasonal movie oooo......wetin dey sup nah

Seriously do we have food....Even me wey dey type never chop.

Only in Kenya

sonofyisa:
Someone should pls help with the link to update.

Kindly go to your profile and do the update

Denmark will shock England today.

Npower AKA beer money

IrepChrist:
Has anyone gotten information from Us Embassy Nigeria. Is it that they are not issuing fresh immigrant visa appointments yet?

My mum's interview appointment is September. Although she is a permanent resident but her green card got expired because of the covid.

You just saved your friend from marrying a cheap slut

nowhere:
What's the idea of marrying when you can be doing what married people do?

I kept my marriage on hold because am on F2b... Although we have a son together but not officially married.

cambellj:
great forum guys, please I need some clarifications.
My pd is Oct 2012 for F1 initially. I got my approval 2019 submitted DS-260, civil documents and paid fees to USCIS.
I did indicate on the application that I got married in 2017. What actually happens now that my status has changed?

I submitted supporting documents in Aug 2019 and the only message I got on my profile was in the lines of...Due to the numerical limitations on immigrant visa issuance prescribed by law, this petition is not eligible for further processing at this time...
Is this some sort of denial due to my status change? My foreign state of chargeability is South Africa

And of cause;it will take much longer wait compared to the former.

Chidinma looks imbe in that picture.

I need to yansh one of these fulani babes

Cow breast

Of cos Nigeria is a failed state. Mumu man called Amachree.

HigherEd:
What kind of poor reporting is this. You mean Interpol would drug a suspect añd fly him to Nigeria

Just like they did to umaru dikko

See ogboni man calling someone a cultist....

Some of us said this 10 years ago but......

Calm! Today or tomorrow...

Chloraseptic:
I'm still waiting for DQ though.

I hope my interview date comes soon enough arter my DQ

A lot of backlogs but be hopeful....

Chloraseptic:
I'm asking what my fate is now since you said my priority date has passed..

It depends... Have you been asked to submit all necessary documents? If you have done that;then relax and wait for your interview...that's why I said you should check on your dashboard and know what's up.

ddigeo:
A creat of egg is 1,400
Garri one basin 6,000
Palm oil Eva bottle 1500
You can't even buy meat
Beans one rubber 2000, or 2,200
Rice 2500 with stone
Tomatoes 4 pieces 300
Problem for the poor masses of this country.
God save us

Why you copy my post na!! Lol

Chloraseptic:
So what does that entails

Check the instructions on your profile