FG, states, LGs share N681bn in May, ECA now $35.377m

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FG, states, LGs share N681bn in May, ECA now $35.377m

« on: June 25, 2022, 01:03:24 PM »

FG, states, LGs share N681bn in May, ECA now $35.377m

The federal, state, and local governments shared a total of N680.783bn as federation allocation for the month of May 2022. The sharing agreement was reached at the Federation Account Allocation Committee meeting held in Abuja. A statement by the Ministry of Finance on Friday said the amount was inclusive of gross statutory revenue, value-added tax

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Source: FG, states, LGs share N681bn in May, ECA now $35.377m

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