The Federation Account Allocation Committee (FAAC) disbursed the sum of N821.9 billion to the three tiers of government in July 2018 from the revenue generated in June 2018. The amount disbursed comprised of N687.4billion from the Statutory Account, N85.3billion from Valued Added Tax (VAT) and N7.3
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp