According to the Federation Account Allocation Committee, in January 2023, N750.17 billion was distributed across the three levels of government.
The amount is down N240.02 billion from the N990.19 billion shared in December 2022.
This was stated by FAAC in a communiqué that was made public on Monday following its most recent meeting in Abuja.
Gross statutory revenue, VAT, electronic money transfer fees, addition from non-mineral revenue, and an additional sum of N15 billion from savings are all included in the total amount.