The Nation Newspaper Fed, States, LGs share N1.354tr in June 2024
This amount, derived from June 2024 revenues, was distributed among the Federal Government, State Governments and Local Government Councils.
In June 2024, total revenue available was N2.483 trillion. Deductions included N92.112 billion for the cost of collection and N1.037 trillion for transfers, interventions, and refunds. Under distributable Value Added Tax revenue of N523.973 billion), the federal government received N78.596 billion, state governments N261.987 billion and local government councils N183.391 billion.
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