A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. This...
The House of Representatives has confirmed that Nigeria’s newly gazetted tax reform laws were subjected to illegal alterations after being passed by the National Assembly and...
Senator Adams Oshiomhole, who represents Edo North in the National Assembly, has urged the federal government to enforce Nigeria’s tax laws more strictly, arguing that violations...
The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January...
A significant change in revenue distribution under the Federation Accounts is expected to take effect next month, as proceeds from January collections are shared, with states...
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has warned that delaying the implementation of the new tax laws beyond January 1,...
The federation account allocation committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, states and the local government councils. According to...
The Federation Account Allocation Committee (FAAC) has allocated a total of N2.094 trillion to the Federal Government, state governments, and local councils as revenue for October...
Lagos State Governor, Babajide Sanwo-Olu, has stated that state governors and local government chairmen across Nigeria have no reason to complain about inadequate funding under President...
The federal government has announced that new tax laws offering wide-ranging reliefs and exemptions for low-income earners, middle-class taxpayers, and small businesses will take effect from...
