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    Taxes & Revenues

    Nigeria to convert petrol subsidy to 5,000 naira monthly payments to poorest families.

    ABUJA, Nov 24 - Nigeria is considering a transport subsidy for its poorest families to cushion the effects of an "eventual" removal of a...

    AMCON MD Submits List of Top 1,000 Bank Debtors Owing N4.4trn to National Assembly

    In another deft strategy to intensify its debt recovery drive in the country, the Asset Management Corporation of Nigeria (AMCON) has submitted a list...

    Kano State beats Entire South East States in VAT collection

    By Sunday Michael Ogwu And Abdullateef Aliyu Kano State collected more money as Value Added Tax (VAT) than the entire South East zone in the...

    Nigeria’s 3 arms of government share N672bn for October 2021

    The Federation Accounts Allocation Committee (FAAC), has disbursed a total of N671.910 billion to the three tiers of government as allocation for the month...

    Minister worries over Nigeria’s Debt to GDP ratio at 33% amidst calls for borrowings

    The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated that Nigeria’s debt to gross domestic products (GDP) ratio is still low...

    Senate Passes Bill to Impose New Taxes on Companies for the Promotion of Healthcare Development

    On October 5, 2021, the Senate of the Federal Republic of Nigeria passed the Establishment of the Tertiary Hospitals Development Fund Bill 2021 (the...

    Revenue sharing: FG calls for higher allocation to LGs

    The Federal Government has called for a reduction in revenue allocations to the federal and state governments, adding that there is need to increase...

    Buhari’s Govt officials’ estacodes, others gulp $3.9bn in one year – Report

    The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries, Departments and Agencies as well as to...

    Nigeria spent N864.07bn on Fuel Subsidy in nine months –NNPC report

    The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This amount represents...

    JAMB remits N3.51bn to FG as 2021 operating surplus

    The board disclosed this in a statement by its spokesperson, Dr Fabian Benjamin, in Abuja on Wednesday. Benjamin said the 2021 remittance was in line...

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