Nigeria’s gross government revenues rose for the second consecutive month in June to 485.95 billion naira ($2.44 billion), up 33 percent from May, the finance ministry said.

The total for distribution to the three tiers of government was 518.542 billion naira including a 6.33 billion refund by the state oil company, value added tax of 64.99 billion naira and an exchange rate gain of 6.69 billion naira.

The balance of the Excess Crude Account stood at $2.207 billion, up from $2.078 billion on June 23.



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