FAAC SHARES N1.578TRN MARCH REVENUE TO FEDERAL, STATES, LOCAL COUNCILS
The Federation Account Allocation Committee, FAAC, has shared N1.578 trillion to federal, state and local government councils as revenue for March 2025. A communiqué issued yesterday after a FAAC meeting held in Abuja, revealed that the total distributable revenue of N1.578 trillion comprised distributable statutory revenue of N931.325 billion, distributable Value Added Tax, VAT revenue of N593.750 billion, Electronic Money Transfer Levy, EMTL revenue of N24.971 billion and Exchange Difference […]