Nigerian govt, states, local councils share N676.41 billion for August - NBS

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The federal government received a total of N273.19billion, state governments received a total of N190.85billion and the local governments received N142.76billion.

The Federal Account Allocation Committee in August shared N676.41 billion to the federal, state and local governments, being the monthly allocation from the revenue generated in July.National Bureau of Statistics .

Further breakdown of the report shows N42.85 billion was shared among the oil-producing states as the 13 per cent derivation fund.

 

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They are always sharing money from crude. How much do they generate?

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