The Federation Accounts Allocation Committee revealed this at its meeting held through virtual Conferencing.
Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse who chaired the meeting said the amount is inclusive of VAT, Exchange Gain, Solid Mineral Revenue, Excess Bank Charges and Excess Oil Revenue.
Isa-Dutse said the Federal Government received N169.8bn, the States received N86bn, Local Government councils got N66.4bn, while the oil producing states received N32.8bn as derivation from 13% Mineral Revenue.

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