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FG, states, LGs share N606 billion in May
The distributed statutory revenue of received for May was lower than the previous month by N69 billion.
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The distributed statutory revenue of received for May was lower than the previous month by N69 billion.
The meeting was presided by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse.
The gross statutory revenue received was about N446.6 billion.
The AGF said the balance in the Excess Crude Account currently stands at about $2.49 billion.
The companies allegedly refused to respond to several letters of reminders asking them to fulfil their tax obligations.