RECOVERED AMOUNTS FROM NIGERIAN BANKS
The sum of N8,461.9 billion was retained in the Federation Account, representing an increase of 45.1 per cent above the level in 2017, after an aggregate statutory deduction of N1,089.7 billion from both oil and non-oil revenue. Of this amount, N1,053.7 billion, N395.2 billion, and N378.0 billion were transferred to the VAT Pool Account, […]