The Federation Accounts Allocation Committee (FAAC) has distributed N1.298 trillion to the Federal, State and Local Governments as revenue for September 2024.  This was disclosed at the end of the October 2024 FAAC meeting in Abuja on Thursday. The total distributable revenue comprises several components: N124.716 billion in statutory revenue, N543.518 billion in Value Added Tax (VAT), […]

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