FAAC shares N720.880bn among FG, states, LGs for August

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FAAC shares N720.880bn among FG, states, LGs for August

By Emmanuel Elebeke

The Federation Accounts Allocation Committee (FAAC) on Thursday shared a total of N720.880bn to the three tiers of government for the month of August 2019.

The amount was shared at the end of the monthly FAAC meeting which held at the headquarters of the Ministry of Finance in Abuja.

The N720.880bn comprised the distributable statutory revenue, N631.796 billion for the month, Value Added Tax, N84.559 billion; and Exchange Gain.

Continue reading FAAC shares N720.880bn among FG, states, LGs for August at Vanguard News.



Source: Vanguard Newspaper