Three Tiers Of Govt Share N601BN Revenue For Nov

Federal, States and Local Governments have shared revenue totaling N601.1 billion from the federation account for the month of November

Federal government received N215.6 billion, 36 State Governments (N171.1 billion), 774 Local Governments (N126.7 billion), while oil producing states collected extra N31.3 billion

Also, N56.1 billion was given to relevant federal agencies as the cost of collecting the revenue

Finance minister, Zainab Ahmed, announced the distribution of the revenue at the end of the monthly meeting of the federation account allocation committee in Abuja

The minister in a statement by the permanent secretary in the ministry, Aliyu Ahmed, put the fund in the excess crude account at $72.41 Million

YOU CAN ALSO READ: Ogun Could Survive Without Federal Allocation, Says Report

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