FG, states, LGs shared N1.203 trillion in August: FAAC

FAAC said the federal government received N374.925 billion, and the state governments received N422.861 billion.

VAT remains 7.5%, says economy minister Wale Edun

“For emphasis, as of today, VAT remains 7.5% and that is what will be charged on all the goods and services that are VAT-able,” Mr Edun said.

FG, states, LGs shared N1.358 trillion in July: FAAC

According to the communique, gross statutory revenue of N1.387 trillion was received for July.

Customs announce zero duty on brown rice, millet, wheat, others; importers to show milling capacity

95% of informal sector should be exempted from paying taxes, says Taiwo Oyedele

Mr Oyedele said the proposed new reforms would focus on the top five per cent of that sector, the middle class and the elite, for taxes.

FG, states, LGs shared N1.152 trillion in February: FAAC

“Total revenue of N2.326 trillion was available in the month of February.”

FG, states, LGs share N1.1 trillion from December 2023 allocation

FAAc said that from the N1.127 trillion, the federal government received N383.872 billion, States got N396.693 billion and the LGCs N288.928 billion.

FG advised to prevent cargo loss in 2024

Mr Farinto urged the government to introduce measures to cushion the effects of its various economic policies.

FG’s VAT earnings reached nearly N1 trillion in September: NBS

The National Bureau of Statistics (NBS) said the aggregate value-added tax (VAT) stood at N948.07 billion in Q3 2023.

Gov Obaseki presents N325.3 billion 2024 budget to Edo assembly

Governor Godwin Obaseki presented a budget of N325.3 billion for 2024 to the Edo House of Assembly for approval on Tuesday.