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DPR receives N6.6bn from FAAC in September

DPR receives N6.6bn from FAAC in September

The Department of Petroleum Resources, DPR, received the sum of N6.66 billion from the Federation Account Allocation Committee, FAAC, for the month of September 2020.

The Department received the allocation as cost of revenue collections for the month. The FAAC had disbursed the sum of N682.06bn to the three tiers of government in September from the revenue generated in August.

Other revenue-generating agencies of government, such as the Nigeria Customs Service, NCS, and Federal Inland Revenue Service, FIRS, received N13.48bn and N5.70bn respectively.

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Source: SweetCrudeReports

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