BUHARI, GOVERNORS, LG CHAIRPERSONS SHARED N655.932 BILLION IN APRIL: FAACThe Federation Account Allocation Committee (FAAC) has given N655.932 billion in revenue for April to the federal, state, and local governments.According to a statement by, the spokesman for the office of the accountant of the Federation (OAGF) Bawa Mokwa, this is contained in a communiqué issued at the end of the FAAC meeting for May 2023.The communique states that the N655.932 billion total distributable revenue comprised distributable statutory revenue of N364.654 billion.It said it also contained distributable Value Added Tax (VAT) revenue of N202.762 billion, Electronic Money Transfer Levy (EMTL) of N14.516 billion, N50.000 billion augmentations from Forex Equalization revenue, and N24.000 billion augmentations from the Non-mineral revenue.The communiqué said from the total distributable revenue of N655.932 billion. The federal government received N248.809 billion, the state governments received N218.307 billion, and the LGAs received N160.600 billion.It said from the N364.654 billion distributable statutory revenue, the federal government received N180.659 billion, the state governments received N91.632 billion, and the LGAs received N70.647 billion.According to the communique, the federal government received N30.414 billion, the state governments received N101.381 billion, and the LGAs received N70.967 billion from the N202.762 billion distributable VAT revenue.