FAAC Distributes N1.41tn as October Revenue Surges to N2.668tn
The Federation Accounts Allocation Committee (FAAC) has distributed N1.411 trillion among the three tiers of government and other stakeholders for October 2024. This amount represents a significant portion of the N2.668 trillion gross revenue generated during the month. The increase in revenues from oil and gas royalties, excise duty, Value Added Tax (VAT), import duty, […]