Wednesday, July 15, 2026

Companies Income Tax (CIT)

August 21, 2021

July Allocation: FG, states, LGs share N760.7 billion

The federal government received N325.988 billion, the states received N224.929 billion while the local government councils got N168.424 billion.

July 2, 2021

Federal, state, local governments share N880 billion VAT revenue

Nigeria’s federal, state, and local governments have shared at least N880 billion of VAT revenue, says the country’s finance ministry.