The Ministry of Finance, has released the sum of N668.898bn to the three tiers of government for May, according to a statement, by Mr Hassan Dodo, director of information.
“Owing to the disagreement on remittances by the revenue generating agencies, especially the NNPC, the sharing of revenue for May 2018 that was meant to be distributed in June 2018 was put on hold.
“However, the urgent need to cushion the undue hardships being experienced by workers nationwide has made it necessary to distribute the May figures totalling N668.898bn to the three tiers of government, while efforts are being intensified to address the unsatisfactory remittances.”
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