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FAAC: 649.19bn revenues in December

The Federal Government, states and local governments have shared N649.19 billion as revenue for the December 2018.
The figure showed a decline of N163.57 billion, compared to the N812. 76 billion that was shared in November 2018.
The Mineral revenues reduced from N421.8 billion in November to N354.22 billion.
The Non-Mineral Revenue decreased from N227.7 billion in November to N193.24 billion.
The Value Added Tax (VAT) collected for the month increased from N88.39 billion to N96.73 billion in December.

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