FG, states, LGs share N902bn as FAAC allocation for November

This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting, in Abuja, last night,

The N902.053 billion total distributable revenue comprised distributable statutory revenue of N681.079 billion, distributable Value Added Tax (VAT) revenue of N202.839 billion, Exchange Gain revenue of N7.164 billion and N10.971 billion Electronic Money Transfer Levy (EMTL) revenue.

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