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Tag: Electronic Money Transfer Levy

E-payment: FG to generate N484bn from EMTL

E-payment: FG to generate N484bn from EMTL The Federal Government has projected to make a sum of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy. This projection was made by the Budget Office of the Federation and revealed...

FAAC: FG, States, LGs Share N680.783bn

FAAC: FG, States, LGs Share N680.783bn The Federation Account Allocation Committee (FAAC)Friday shared the sum of N680.783 billion to the three tiers of government as federation allocation from revenues earned in the month of May. A breakdown of the total distributable revenue was drawn from the...