 In ultra-business news, the Federal Account Solocation Committee has shared 695.03 billion nara to the three tiers of government as revenue for February amid plans by the Nigerian National Petroleum Corporation to deduct 242.53 billion nara for subsidy. The fact director of information or Lajideh Oshundun who disclosed this in a communique after the virtual conference noted that the gross revenue available from value added tax for the month of February was 177.873 billion nara as against 191.222 billion nara distributed in the preceding month of January resulting in a decrease of 13.349 billion nara. The distribution shows that the federal government got 24.845 billion nara, the states received 82.818 billion nara, local government councils got 57.972 billion nara, while the cost of collection to the Federal Inland Revenue Service and the National Nigerian Custom Service got 7.115 billion nara. In allocation to the NEDC project received 5.123 billion nara.