FAAC: FG, States, LGCs share N639.9bn for Sept
The Federal Government, states and local government councils have shared N639.901 billion for the month of September, Mr Aliyu Ahmed, Permanent Secretary, Ministry of Finance, Budget and National Planning, has said.
Mr Hassan Dodo, Director of Information in the ministry, quoted Ahmed as disclosing this in a statement issued at the end of the Federation Accounts Allocation Committee (FAAC) meeting in Abuja on Thursday.
Ahmed said that the N639.901 billion shared included cost of collection to Nigeria Customs Service (NCS), Department of Petroleum Resources (DPR) and the Federal Inland Revenue Service (FIRS).
According to the permanent secretary, the Federal Government received N255.748 billion, states got N185.645 billion while local government councils had N138.444 billion.
He added that the oil-producing states received N36.188 billion as derivation (13 per cent of Mineral Revenue) while Cost of Collection/Transfer and Refund was N23.876 billion.
Read Also: Buhari Approves Withdrawal Of $150m From NSIA To Support FAAC Disbursement
According to the communique issued by the committee, the gross revenue available from the Value Added Tax (VAT) for September was N141.858 billion.
This was against the N150.230 billion distributed in August, resulting in a decrease of N8.372 billion.
“The distribution is as follows: Federal Government got N19.789 billion, the States received N65.964 billion, Local Government Councils got N46.175 billion, while Cost of Collection/Transfer and Refund got N9.930 billion.
“The distributed Statutory Revenue of N341.501 billion received for the month was lower than the N531.830 billion received for the previous month by N190.329 billion, from which the federal government received N161.131 billion, states got N81.728 billion, LGCs got N63.009 billion, Derivation (13 per cent Mineral Revenue) got N21.688 billion and Cost of Collection/ Transfer and Refund got N13.946 billion.”
Read Also: FAAC: FG, states, LGCs share N673.137bn for August
The communique also revealed that Oil and Gas Royalty, Companies Income Tax (CIT) decreased significantly.
Import Duty and VAT also decreased marginally, while the Petroleum Profit Tax (PPT) and Excise Duty recorded increases.
Furthermore, it was disclosed that total revenue distributable for the current month was augmented.
The augmentation was with the sums of N39.542 billion, N45 billion and N72 billion from Forex Equalisation, Non-Oil Excess Revenue and FGN Intervention, respectively.
This brought the total Distributable Revenue to N639.901 billion.
The balance in the Excess Crude Account as at Oct. 15 stands at $72.409 million. (NAN)
591839 5499I like what you guys are up also. Such intelligent work and reporting! Maintain up the superb works guys Ive incorporated you guys to my blogroll. I feel itll improve the value of my web site . 248143
casibom guncel giris adresi: casibom giris adresi – casibom 158 giris
casibom
farmacia online madrid: Cialis sin receta – farmacias online seguras en espaГ±a
farmacias online baratas: farmacia envio gratis – farmacia online espaГ±a envГo internacional
acquisto farmaci con ricetta: Farmacie online sicure – acquisto farmaci con ricetta
viagra naturale in farmacia senza ricetta: viagra senza prescrizione – cialis farmacia senza ricetta
viagra naturale in farmacia senza ricetta: viagra senza ricetta – cialis farmacia senza ricetta
comprare farmaci online all’estero: Farmacie on line spedizione gratuita – comprare farmaci online all’estero
farmacie online sicure: Cialis generico controindicazioni – migliori farmacie online 2024
acquisto farmaci con ricetta: Brufen antinfiammatorio – comprare farmaci online con ricetta
miglior sito per comprare viagra online: viagra prezzo – le migliori pillole per l’erezione
Farmacie on line spedizione gratuita: farmacia online migliore – farmacie online autorizzate elenco
neurontin 100mg: 800mg neurontin – neurontin online usa
neurontin cost uk: neurontin tablets no script – neurontin 800 mg
prednisone 5mg capsules: prednisone 1 mg tablet – prednisone online paypal
ventolin tablets australia: buy albuterol inhaler – can i buy ventolin online
furosemida 40 mg: buy furosemide – lasix generic name
indian pharmacy: indian pharmacy – indianpharmacy com
Howdy! I realize this is somewhat off-topic but I had to ask. Does building a well-established blog such as yours take a lot of work? I’m brand new to operating a blog however I do write in my journal on a daily basis. I’d like to start a blog so I will be able to share my personal experience and feelings online. Please let me know if you have any ideas or tips for new aspiring blog owners. Appreciate it!
Hello there, You’ve done an incredible job. I will certainly digg it and in my view recommend to my friends. I am sure they’ll be benefited from this site.
At this time it sounds like Drupal is the best blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?
Greate post. Keep posting such kind of information on your site. Im really impressed by your blog.
Right now it looks like Expression Engine is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Wow that was unusual. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say superb blog!
Aw, this was an exceptionally nice post. Taking the time and actual effort to make a really good article… but what can I say… I hesitate a whole lot and don’t seem to get nearly anything done.
Can I simply say what a relief to discover someone that actually knows what they’re discussing over the internet. You actually understand how to bring a problem to light and make it important. More and more people must read this and understand this side of the story. I was surprised that you aren’t more popular because you certainly have the gift.
Every weekend i used to pay a quick visit this website, as i wish for enjoyment, as this this site conations really pleasant funny information too.
Keep on working, great job!
I loved as much as you will receive carried out right here. The sketch is tasteful, your authored material stylish. nonetheless, you command get got an shakiness over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly a lot often inside case you shield this hike.
Currently it sounds like Expression Engine is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Currently it seems like Expression Engine is the preferred blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Hey there, You have performed an excellent job. I’ll definitely digg it and personally suggest to my friends. I’m sure they’ll be benefited from this site.
Ahaa, its good discussion about this piece of writing here at this weblog, I have read all that, so now me also commenting here.
May I just say what a comfort to find somebody who actually knows what they are discussing online. You definitely understand how to bring a problem to light and make it important. More and more people should read this and understand this side of your story. I can’t believe you’re not more popular since you surely have the gift.
Wow that was odd. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say superb blog!
Hi there, You have done a fantastic job. I will definitely digg it and for my part suggest to my friends. I’m sure they’ll be benefited from this website.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
wonderful points altogether, you simply gained a new reader. What might you suggest in regards to your publish that you made a few days in the past? Any certain?
Right now it appears like WordPress is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Fantastic beat ! I would like to apprentice even as you amend your site, how can i subscribe for a blog site? The account helped me a acceptable deal. I were tiny bit acquainted of this your broadcast provided vivid transparent idea
Fantastic beat ! I would like to apprentice while you amend your site, how can i subscribe for a blog site? The account aided me a acceptable deal. I had been tiny bit acquainted of this your broadcast provided bright clear idea
Currently it looks like Movable Type is the preferred blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Appreciate it
I am sure this article has touched all the internet visitors, its really really fastidious post on building up new website.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Aw, this was an extremely nice post. Taking the time and actual effort to create a really good article… but what can I say… I hesitate a lot and don’t seem to get anything done.
May I just say what a relief to discover a person that really understands what they are discussing over the internet. You actually know how to bring a problem to light and make it important. A lot more people need to check this out and understand this side of the story. I can’t believe you’re not more popular because you definitely have the gift.
Can I just say what a relief to discover an individual who actually knows what they are discussing on the net. You certainly know how to bring a problem to light and make it important. More people should read this and understand this side of the story. I was surprised that you aren’t more popular because you definitely have the gift.
Currently it sounds like Expression Engine is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Wow that was strange. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say fantastic blog!
Aw, this was an incredibly good post. Taking the time and actual effort to generate a great article… but what can I say… I procrastinate a whole lot and never manage to get nearly anything done.
Aw, this was an incredibly nice post. Taking the time and actual effort to produce a top notch article… but what can I say… I put things off a whole lot and never manage to get nearly anything done.
May I simply say what a relief to find somebody that actually knows what they’re talking about on the web. You certainly know how to bring a problem to light and make it important. More people have to check this out and understand this side of your story. It’s surprising you’re not more popular given that you surely possess the gift.
Wow that was strange. I just wrote an very long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyways, just wanted to say great blog!
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
What’s up, its nice paragraph about media print, we all understand media is a wonderful source of data.
Your method of explaining all in this post is really pleasant, all be capable of effortlessly know it, Thanks a lot.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Hello there, You’ve done a great job. I will certainly digg it and personally recommend to my friends. I’m confident they will be benefited from this website.
May I simply just say what a comfort to discover somebody that actually understands what they are discussing on the internet. You actually know how to bring a problem to light and make it important. More and more people must read this and understand this side of your story. I was surprised that you are not more popular because you surely possess the gift.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Currently it looks like WordPress is the best blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Wow that was odd. I just wrote an very long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say wonderful blog!
May I simply just say what a comfort to uncover somebody that really knows what they are discussing on the internet. You certainly realize how to bring a problem to light and make it important. A lot more people have to look at this and understand this side of your story. I can’t believe you aren’t more popular because you most certainly have the gift.
At this time it appears like Drupal is the preferred blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?
Hi there, You have performed an excellent job. I’ll certainly digg it and for my part suggest to my friends. I am sure they will be benefited from this web site.