18
Sep
Sep
Rising VAT Cushions Revenue Drop as FAAC Distributes N2.35trn
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admin / 5 months
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The Federal Government, states and local government councils shared N2.35 trillion from the Federation Account as revenue for August. The allocation was made at the Federation Account Allocation Committee (FAAC) meeting held on Tuesday in Abuja. According to a communiqué issued after the meeting, the distributable revenue of N2.35 trillion comprised N1.48 trillion statutory revenue, […]