Nigeria distributes $4.7 bln to govt for July

ABUJA Aug 13 (Reuters) - Nigeria has distributed a total of 704.27 billion naira ($4.7 bln) to its three tiers of government for July, partly from revenues and partly from windfall oil savings, the country's accountant general said on Friday.

Ibrahim Dankwambo said $2 billion from the excess crude account, into which Nigeria saves revenues above a benchmark price, had been distributed on top of 404.27 billion naira from revenues. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Camillus Eboh; Writing by Nick Tattersall)