Friday , March 29 2024

Tag Archives: Federation Accounts Allocation Committee (FAAC)

FG Generates N1.18 Trillion VAT in 6 Months

FG Generates N1.18 Trillion VAT in 6 Months

The federal government has generated  a total of N1.188 trillion as Value Added Tax (VAT) in the first six months on 2022. Data from the National Bureau of Statistics (NBS) indicated that was 18.14 per cent increase compared to the N1.0 trillion generated in the first quarter of 2021. A …

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FG, States, LGs Share N682.060 Billion as August Allocation

FG, States, LGs Share N682.060 Billion as August Allocation

The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. This was made known after the monthly Federation Account Allocation Committee (FAAC) meeting for September 2020 held through virtual conferencing; chaired by …

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