The Federation Account Allocation Committee FAAC has shared N1.678 trillion among the Federal Government, states and the local governments for the month of February.
This is according to a communiqué it issued today and made available by the Director, Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa.
According to the communiqué, the total revenue of N1.678 trillion comprised statutory revenue of N827.633 billion and Value Added Tax revenue of N609.430 billion.
It also comprised Electronic Money Transfer Levy revenue of N35.171 billion, Solid Minerals revenue of N28.218 billion and Augmentation of N178 billion.
