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3 tiers of govt. share N415b in April
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3 tiers of govt. share N415b in April

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Four hundred and fifteen point seven billion naira was shared among the three tiers of government for the month of April.

This was a decrease from the previous month’s figure by over fifty three billion naira.

Gross statutory revenue was two hundred and seventy four point one billion.

This was down from March’s figure of three hundred and thirty one point six billion naira.

Revenue from oil export sales was up to sixty three point six million dollars owing to an increase in the average unit price of crude and rise in its export volume.

Oil production suffered setbacks from sabotage induced leakages as well as
oil installation shutdowns and shutins for repairs.

The excess crude account’s balance stands at two point three billion dollars.

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