The Federation Account Allocation Committee, FAAC, shared N1.149.816 trillion in revenue with the federal, state, and local governments in April 2024. The Director of Press and Public Relations under the Office of the Accountant General of the Federation, Bawa Mokwa, disclosed this in a communique on Thursday after May’s FAAC meeting. The revenue was divided into distributable statutory revenue of N284.716 billion, distributable Value Added Tax, VAT, revenue of N466.457 billion, electronic money transfer levy revenue of N18.024 billion, and exchange difference revenue of N438.884 billion. Acco…