The federal, state and local governments councils in February shared about N610.4billion federal revenue generated in January 2019. The Accountant General of the Federation, Ahmed Idris, disclosed this in Abuja at the end of the Federation Account Allocation Committee (FAAC) meeting at the finance ministry headquarters.

Mr Idris said approval was being awaited from the finance minister for the payment of additional N50 billion from the Foreign Exchange Equalisation Account. A communique issued by the FAAC Committee distributed to reporters at the end of the meeting showed the gross revenue received for January 2019 stood at about N505.246 billion.... (click the link below to CONTINUE reading==> https://www.aksu360.com/2019/02/february-2019-faac-meeting-fg-states.html)