The Executive Chairman of Federal Inland Revenue Service FIRS, Mrs. Ifueko Omogui-Okauru disclosed this in Lagos in a chat with the Press. She regretted that Non Government Organizations (NGOs) that are also supposed to pay tax are not doing so. It is an aberration.
Church and Mosque Not Exempted from Tax – FIRS
The Executive Chairman of Federal Inland Revenue Service FIRS, Mrs. Ifueko Omogui-Okauru disclosed this in Lagos in a chat with the Press. She regretted that Non Government Organizations (NGOs) that are also supposed to pay tax are not doing so. It is an aberration.
The Other Side of Recapitalisation
The aim of any economic policy always geared towards the reformation of an existing state of economy sector or establishment and development of a new one, all towards the effective growth and development of the nation concerned. However, if tact is not exercised in policy formulation and implementation, an
Again FG, States Share N354bn in November
A total sum of N354.303 billion was distributed among the federal, state and local governments at the monthly meeting of Federation Account Allocation Committee (FAAC) in November 2009.
The revenues which were generated in October 2009, shows that Statutory Allocation accounted for N165.624 billion of the total distributed revenue, while Value Added Tax and Budget Augmentation amounted to N39.778 billion and N121.228 billion, respectively.
FAAC: The Sharing of N266bn Statutory and VAT Allocation in Nov 09
The Sharing of N266bn Statutory VAT Allocation
Gross summary of Statutory Revenue and VAT
As part of the two federal allocations, the Economic Confidential magazine provides here the distribution of a total sum of N266 billion being the statutory and VAT
FAAC: The Sharing of N27bn on Foreign Exchange Difference in Nov 09
Apart from the Federation Account Allocation of Statutory and VAT disbursement at the monthly meeting of the Federation Account Allocation Committee held in November 2009, an additional sum of N27,673,546,102.29 was shared to all tiers of