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The communique that a total revenue of ₦2.613 trillion was available in the month of July. The Federation Accounts Allocation Committee (FAAC), has shared the sum of ₦1.358 trillion among the Federal Government, States and Local Government Councils (LGCs) for the month of July.This is contained in a communique issued after FAAC meeting for August on Friday in Abuja. According to the communique, the ₦1.358 trillion total distributable fund comprised statutory revenue of ₦161.593 billion. It also comprised Value Added Tax (VAT) revenue of ₦582.307 billion and Electronic Money Transfer Levy (EMTL…

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