It was shared at the June meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
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The revenue was shared on Thursday at the May meeting of FAAC held in the Federal Capital Territory in Abuja.
Bawa Mokwa, Director of Press and Public Relations, Office of the Accountant General of the Federation, confirmed this.
Director, Press and Public Relations, Ministry of Finance, Mohammed Manga, disclosed this in a statement on Thursday.
Dr. Orji Ogbonnaya Orji, Executive Secretary, Nigeria Extractive Industries Transparency Initiative, said this in a report.
The workshop, confirmed by the OAGF, was held at Copthorne Tara Hotel, Kensington London from March 4 to 9, 2024.
Taking a cue from that, the Peoples Democratic Party said it was good that the figures came from the APC.
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, chaired the allocation meeting.
This is disclosed in a communique issued by the FAAC at the end of its January 2024 meeting on Tuesday.
This development was made public via a communique issued by the FAAC at its meeting on Friday.
This is according to a communique issued on Wednesday after the FAAC retreat and meeting in Asaba, Delta State.
The Federation Account Allocation Committee has shared a total of N903.480 billion September 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils.
The Federation Account Allocation Committee has shared the sum of N1.1 trillion to the Federal Government, 36 States and Local Government Councils for August.
The Accountant General of the Federation, Dr. Oluwatoyin Madein, has reaffirmed commitment to upholding and promoting prudence, transparency and accountability in government financial transactions.
The three tiers of government: Federal, States and Local Government Councils, shared a total of N4.37 trillion from the Federation Account as statutory revenue allocations between January and June 2023.
The Federation Account Allocation Committee has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils for July.
The News Agency of Nigeria reports that FAAC had on Thursday shared N907 billion among the three tiers of government.
The shared revenue by the three tiers of government was revealed at the end of the FAAC meeting for June 2023.
“I can comfortably tell you that Mr President has approved the memo from NNPC Limited to set up a committee to reconcile the crisis between NNPC Limited and FAAC over the failure to remit money into the federation account,” a top industry source said.
Bawa Mokwa, Director, Press and Public Relations, Office of the Accountant of the Federation, made this known.