Federal finance and statistics / National Bureau of Statistics

Federation Account Allocation Committee (FAAC) (April 2024 Disbursement)

Highlights 1. The Federation Account Allocation Committee (FAAC) disbursed the sum of ₦1.87 trillion to the three tiers of government in April 2024 from the total revenue generated in March 2024. 2. The amount disbursed comprised: • ₦1.02 trillion recorded from the Statutory Account, • ₦285.52 billion from Exchange Gain, • ₦15.37 billion from Electronic Money Transfer Levy (EMTL), and • ₦549.70 billion from Value Added Tax. 3. The allocations to the three tiers of government for April 2024 were: • Federal Government with a total of ₦345.89 billion • St…