* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, September 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

FAAC: FG, States, LGs Shared N1.1trn in March

April 21, 2024
in Business
FAAC: FG, States, LGs Shared N1.1trn in March
Share on FacebookShare on Twitter

FAACFAAC

FIRS

FAAC: FG, States, LGs Shared N1.1trn in March

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion as March 2024 federation account revenue to the federal government, states and local government councils.

The balance in the Excess Crude Account (ECA) was $473,754.57.

A statement issued on Friday by Bawa Mokwa, Director of press and public relations in the Office of the Accountant General of the Federation (OAGF), disclosed that “As contained in a communique issued by the FAAC at its April, 2024 meeting, the N1123.391 billion total distributable revenue comprised distributable statutory revenue of N311.233 billion, distributable Value Added Tax (VAT) revenue of N511. 879 billion, Electronic Money Transfer Levy (EMTL) revenue of N14.754 billion and Exchange Difference revenue of N285.525 billion.”

According to the communique, total revenue of N1867.808 billion was available in March 2024. Total deductions for the cost of collection was N69.537 billion; total transfers, interventions and refunds were N674.880 billion.

Gross statutory revenue of N1,017.216 billion was received for March 2024. This was lower than the N1,192.428 billion received in February 2024 by N175. 212 billion.

The gross revenue available from the Value Added Tax (VAT) in March 2024 was N549.698 billion. This was higher than the N460.488 billion available in the month of February 2024 by N89.210 billion.

The communique stated that from the N1123.391 billion total distributable revenue, the Federal Government received a total of N345.890 billion, the State Governments received N398.689 billion and the Local Government Councils received N288.688 billion.

A total sum of N90.124 billion (13% of mineral revenue) was shared with the benefiting States as derivation revenue.

From the N311.233 billion distributable statutory revenue, the Federal Government received N133.960 billion, the State Governments received N67.946 billion and the Local Government Councils received N52.384 billion. The sum of N56.943 billion (13% of mineral revenue) was shared to the benefiting sates as derivation revenue.

The Federal Government received N76.782 billion, the State Governments received N255.940 billion and the Local Government Councils received N179.158 billion from the N511.879 billion distributable Value Added Tax (VAT) revenue.

The N14.754 billion Electronic Money Transfer Levy (EMTL) was shared as follows: the Federal Government received N2.213 billion, the State Governments received N7.377 billion and the Local Government Councils received N5.164 billion.

The Federal Government received N132.935 billion from the N285.525 billion Exchange Difference revenue. The State Governments received N67.426 billion, and the Local Government Councils received N51.983 billion. The sum of N33.181 billion (13% of mineral revenue) was shared to the benefiting states as derivation revenue.

In the month of March 2024, Import Duty, value-added tax (VAT) Gas Royalty, companies income tax (CIT) and others increased considerably while Excise Duty, Oil Royalty, Petroleum Profit Tax (PPT), Electronic Money Transfer Levy (EMTL) and CET Levies recorded decreases.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2024/04/faac-states-lgs-4/?utm_source=rss&utm_medium=rss&utm_campaign=faac-states-lgs-4

Tags: businessSharedStates
Previous Post

CBN Reduces Banks’ Loan-deposit Ratio to 50%

Next Post

Nigerian Products will Add Value to your Markets – Tinubu Tells Korean Envoy

Milei Vowed to Fix Argentina’s Economy. Then Came a New Crisis. – The New York Times

Milei Vowed to Fix Argentina’s Economy. Then Came a New Crisis. – The New York Times

September 29, 2025
Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

September 29, 2025
Report finds increased nitrates as fertilizer application poses costs to public health and farmers – Wisconsin Examiner

Rising Nitrate Levels from Fertilizer Use Threaten Public Health and Farmers’ Livelihoods

September 29, 2025
Michigan church shooting suspect went on anti-LDS tirade, political candidate said – Detroit Free Press

Michigan church shooting suspect went on anti-LDS tirade, political candidate said – Detroit Free Press

September 29, 2025
WEEKEND SCENE: Wolves, salmon, stormwater, more at 2025 West Seattle Ecology Fair, report #1 – West Seattle Blog…

Discover Wolves, Salmon, Stormwater, and More at the 2025 West Seattle Ecology Fair!

September 29, 2025
The Real Threat to Faith Isn’t Science – The Gospel Coalition

The Real Threat to Faith Isn’t Science – The Gospel Coalition

September 29, 2025
Trump Distorts Facts on Autism, Tylenol and Vaccines, Scientists Say – hepmag.com

Scientists Disprove Claims Connecting Autism to Tylenol and Vaccines

September 29, 2025
Our Favorite Store-Bought Coleslaw Can Be Found At Many Grocery Stores – Yahoo

Our Favorite Store-Bought Coleslaw Can Be Found At Many Grocery Stores – Yahoo

September 29, 2025
Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

September 29, 2025
Arrowheadlines: NASCAR driver sits in on Chiefs quarterback meeting – Yahoo Sports

NASCAR Driver Shocks Fans by Joining Chiefs Quarterback Meeting in Unexpected Crossover

September 29, 2025

Categories

Archives

September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (842)
  • Economy (864)
  • Entertainment (21,738)
  • General (17,313)
  • Health (9,907)
  • Lifestyle (876)
  • News (22,149)
  • People (865)
  • Politics (874)
  • Science (16,073)
  • Sports (21,363)
  • Technology (15,846)
  • World (845)

Recent News

Milei Vowed to Fix Argentina’s Economy. Then Came a New Crisis. – The New York Times

Milei Vowed to Fix Argentina’s Economy. Then Came a New Crisis. – The New York Times

September 29, 2025
Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

September 29, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version