By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: FG, States, LGs Share N1.36tn In July As Revenue Hits N2.61tn
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | FG, States, LGs Share N1.36tn In July As Revenue Hits N2.61tn

Business

FG, States, LGs Share N1.36tn In July As Revenue Hits N2.61tn

Olaitan Sodiq
Olaitan Sodiq
Published: June 10, 2025
Last updated: June 10, 2025
1 Min Read
Share
FG, States Share N907bn June FAAC Revenue
SHARE

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.36 trillion to the three tiers of government as federation allocation for the month of July 2024.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, chaired the FAAC meeting where the amount was shared.

According to a statement by the Finance Ministry, the Federal Government received N431.079 billion, the states received N473.477 billion, and the Local Government Councils got N343.703 billion.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

The statement also noted that the Gross Revenue available from Value Added Tax (VAT) for the month of July 2024 was N625.33 billion, an increase of N62.64 billion from the previous month.

The Minister commended the FAAC for their support, especially during the recent protest, and urged them to continue supporting the Federal Government’s efforts to transform Nigeria’s economy.

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:FAACfederal governmentFederation AllocationLocal Government CouncilsRevenueStatesTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

sowore
2027: Sowore Slams Anti-Tinubu Coalition as ‘Destiny Rustlers’
Politics
BREAKING: Timileyin Ajayi Sentenced to Death for Killing NYSC Member | Daily Report Nigeria
BREAKING: Timileyin Ajayi Sentenced to Death for Killing NYSC Member
Metro
Just In: NDDC Post-Graduate Scholarships 2025/2026 Begins | Daily Report Nigeria
Just In: NDDC Post-Graduate Scholarships 2025/2026 Begins
News
Tinubu To Sign Four Tax Reform Bills Thursday | Daily Report Nigeria
Tinubu To Sign Four Tax Reform Bills Thursday
Business
Israel Adesanya Enters UFC Hall of Fame with Iconic 2019 Fight | Daily Report Nigeria
Israel Adesanya Enters UFC Hall of Fame with Iconic 2019 Fight
Sports

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Police Recover Decayed Remains of Kidnapped Monarch in Rivers | Daily Report Nigeria
Metro

Police Recover Decayed Remains of Kidnapped Monarch in Rivers

April 5, 2025
Gunmen Kill 5 Soldiers, Other in Anambra | Daily Report Nigeria
Metro

Gunmen Kill 5 Soldiers, Other in Anambra

February 3, 2025
Soldier Arrested For Smuggling Arms To Bandits in Borno | Daily Report Nigeria
Metro

Soldier Arrested For Smuggling Arms To Bandits in Borno

April 8, 2025
Tinubu speaks on Ethnic, Tribal And Religious Crisis | Daily Report Nigeria
News

Tinubu speaks on Ethnic, Tribal And Religious Crisis

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?