FG, States and LGAs share N619.343bn for December, 2020

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The Federation Accounts Allocation Committee (FAAC) on Wednesday shared to the three tiers of government N619.343 billion as Federation allocation for December, 2020. wednesdaythought

This amount includes cost of collection to Nigeria Customs Service , Department of Petroleum Resources and Federal Inland Revenue Service .

The communique by the Federation Account Allocation Committee at the end of the virtual meeting, indicated that the Gross Revenue available from the Value Added Tax for December, 2020 was N171.358 billion as against N158.785 billion distributed in the preceding month of November, 2020, resulting in an increase of N14.572 billion.

 

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