Federal finance and statistics / National Bureau of Statistics

Federation Account Allocation Committee (FAAC) (May 2022 Disbursement)

Executive Summary The Federation Account Allocation Committee (FAAC) disbursed the sum of N833.86 bn to the three tiers of government in May 2022 from the total revenue generated in April 2022. The amount disbursed comprised N626.15bn from the Statutory Account, N20bn from Non-Oil Excess Account, N8.89bn from Excess Bank Charges Recovered for the Month and N178.83bn from Valued Added Tax (VAT). The Federal Government received a total of N257.61bn from the N833.86bn, States and Local Governments received a total of N201.26bn and N149.25bn respectively. The sum of N48.49bn was shared among the o…

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Source	National Bureau of Statistics
Collection	Federal finance and statistics
Kind	Document
Publisher	National Bureau of Statistics
Date	2022-09-12
Type	statistical-report
Details	Business and Finance
Found at	https://nigerianstat.gov.ng/elibrary/read/1241226
Archived copy	Look it up in the Wayback Machine
Record ID	`nbs:nbs:elibrary:1241226`

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Federation Account Allocation Committee (FAAC) (May 2022 Disbursement). National Bureau of Statistics, 2022. Vero Archive, record nbs:nbs:elibrary:1241226.