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FAAC: FG, States, LGs Share N954bn Revenue For July

FAAC: FG, States, LGs Share N954bn Revenue For July The Federation Account Allocation Committee (FAAC) distributed N954.085 billion revenue to the three levels of government in July, 2022. The FAAC allocation from the revenue of June show that the States received N281.342bn, the Local Government Councils...

FAAC: FG, States, LGs Get N656.6bn Allocation For May 2022

FAAC: FG, States, LGs Get N656.6bn Allocation For May 2022     The sum of N656.6 billion has been distributed to the three tiers of government as allocation for May 2022, a communiqué from the Director of Information, Press and Public Relations at the Office of the...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...