FAAC: FG, States, LGs share ₦619.85bn as revenues
March 27, 2019
9:19 pm
The Accountant-General of the Federation (AGF), Mr Ahmed Idris, on Wednesday said the Federal Government shared N619.85 billion, as revenue generated in February to the three tiers of government.
The amount showed an increase of about N9.49 billion from what was shared in January.
Idris, represented by the Director of Funds, Office of the AGF, Mr Mohammed Usman, said this at a news conference at the end of the monthly Federation Accounts Allocation Committee (FAAC) meeting in Abuja.
Giving a breakdown of the revenue accrued in February, Idris said that the mineral revenue increased by N23.57 billion, moving from N326.52 …
