Some financial experts on Wednesday urged the Federal Government to strengthen taxes and levies collections to sustain the increase in the nation’s non-oil revenue generation. They told the News Agency of Nigeria (NAN) in Lagos that government should tighten the existing loopholes in that sector to bridge the dwindling revenue from oil. The experts were […]
Continue ReadingKemi Adeosun, the Minister of Finance, on Tuesday in Abuja, revealed that N370.4 billion was shared among the federal, states and local governments as revenue for January 2016. She made the announcement while addressing journalists on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting. Adeosun said the shared amount comprised of the month’s […]
Continue ReadingInformation from the office of the Accountant General of the Federation, Ahmed Idris, says that the Federal Government, State Governments and Local Government Councils have shared a total of N387,771 billion as Federal allocation for the month of December, 2015. A communiqué issued by the Federation Accounts Allocation Committee (FAAC) and signed by the Accountant […]
Continue ReadingInformation released on the 31st of October shows that the Federal Government, State Governments and Local Government Councils have shared a total of N389,936 as Federal allocation for the month of September, 2015. A communiqué released by the Federation Accounts Allocation Committee (FAAC) indicated that the Gross Revenue of N321.996 billion received for the month […]
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