Nigeria govt revenue falls 21.5 pct in March due to oil outages

Reuters
Nigeria's Minister of Finance Ngozi Okonjo-Iweala speaks at the opening of the African health innovation meeting before the World Economic Forum on African (WEFA) in Abuja May 7, 2014. REUTERS/Afolabi Sotunde

ABUJA (Reuters) - Nigeria's gross government revenue fell 21.5 percent to 315.04 billion naira ($2 billion) in March due to trunk and pipeline shutdowns and lower earnings from the non-oil sector, the accountant general said. Nigeria distributed a total 435.06 billion naira to local, state and federal government for the month of March compared with 522.05 billion naira shared in February, Jonah Otunla, the accountant general told reporters late on Monday. ($1 = 198.95 naira)