It is highly likely that the Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted earnings collected. 

FAAC: FG, States, LGs Share N701b   Federal, states and local governments have shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said. Isa-Dutse told newsmen that the amounts shared were the outcome of Federal Account Allocation...