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From the ₦1.354 trillion total revenue, the Federal Government received a total sum of ₦459.776 billion. The Federation Accounts Allocation Committee (FAAC) gas shared a total sum of ₦1.354 trillion in June revenue among the Federal Government, states, and Local Government Councils (LGCs).The revenue was shared at the July meeting of FAAC, held in Abuja and chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. A communiqué issued by FAAC stated that the N1.354 trillion total revenue comprised statutory revenue of ₦142.514 billion, and Value Added Tax (VAT) rev…

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