The three tiers of government on Friday shared the sum of N1.12 trillion as revenue allocation for March.
The Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa, disclosed this in a statement at the end of the Federation Account Allocation Committee (FAAC) meeting in Abuja.
He said the distributable revenue comprised distributable statutory revenue of N311.233 billion, distributable Value Added Tax (VAT) revenue of N511. 879 billion, EMTL revenue of N14.754 billion, and exchange difference revenue of N285.525 billion.
