The Federal Ministry of Finance says N345 billion was shared among the federal, states and local governments as revenue for February 2015.
Addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting, Permanent Secretary, Ministry of Finance, Mahmoud Isa Dutse, said that the shared amount comprised the month’s statutory revenue of N270.5 billion.
Alhaji Dutse said also that the money shared included the N6.3 billion refunded to the federation by the Nigerian National Petroleum Corporation (NNPC).
Recall that N370.3 billion was shared to the three tiers of government as revenue for the month of January, showing an increase of N25.2 billion in revenue.
Subscribe to:
Post Comments (Atom)
Journalists Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation
Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...
-
Major oil marketers are blaming the current fuel scarcity on depot owners who now sell to the marke...
-
A crude oil pipeline in Bayelsa operated by the local subsidiary of Italy’s Eni was attacked on Thursday night, a state lawmaker in the st... -
The three major oil marketers associations in Nigeria, Tuesday met with the Nigerian National Petroleum Corporation (NNPC), Petroleum Equ...
No comments:
Post a Comment