Allocation of Revenue (Federation Account, ETC.) Act
Ministry of Finance, Budget and National Planning, Nigeria
This is an Act to prescribe the basis for distribution of revenue accruing to the federation account between the federal and state governments and the local government councils in the states; the formula for distribution amongst the states; the proportion of the total revenue of each state to be contributed to the State joint local government account; and for other purposes connected therewith.
Process Flow
Allocation of Revenue (Federation Account, ETC.) Act Current Version
January 2022
This is an Act to prescribe the basis for distribution of revenue accruing to the federation account between the federal and state governments and the local government councils in the states; the formula for distribution amongst the states; the proportion of the total revenue of each state to be contributed to the State joint local government account; and for other purposes connected therewith.