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The Federation Account Allocation Committee (FAAC), at its meeting chaired by the Minister of Finance and the Co-ordinating Minister of the Economy, Mr Wale Edun, in Abuja on Tuesday, shared a total sum of N966.110 billion to the three tiers of government as Federation Allocation for July 2023 out of total gross revenue of N1, 746.491 trillion.
The Federation Account Allocation Committee, FAAC, has shared the sum of N966.110 billion July Federation Account Revenue to the Federal Government,
The balance in Nigeria’s Excess Crude Account (ECA) as of August 22, 2023, was $473,754.57.
Nigeria received a Gross statutory revenue of N1.150 trillion in July, according to the Federation Account Allocation Committee, FAAC. FAAC disclosed this
The Federal Government, State and Local Government Councils reportedly received the sum of N966.110 billion to share among them for the month of July