Wednesday, 24 June 2015

FG, others share N409.354bn

President Muhammadu Buhari flanked by Vice President Yemi Osinbajo and Governor Nasir El Rufai while Governor Adams Oshiomhole of Edo State and Governor Nyesom Wyke of Rivers State (r) as they discussed after the first meeting between the President and State Governors at the Presidential Villa, Abuja. Photo by Abayomi Adeshida 23/06/2015

This is made up of N324.061billion from statutory allocation, N56.04 billion from Value Added Tax, VAT, N6.330 billion as refund by the Nigeria National Petroleum Corporation, NNPC, to Federal Government, as well as the N31.240 billion exchange gain.
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