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MDAs Must Remit Operating Surplus To Federation Account – Lawmakers

MDAs Must Remit Operating Surplus To Federation Account - Lawmakers       The House of Representatives has called ministries, departments and agencies to remit all Internally Generated Revenue due to the Federal Government coffers for proper funding of the 2021 budget. Chairman of the House Committee on Healthcare...

W/Bank Pledges $72m For States’ Land Administration Records

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

2021 Budget: Increasing IGR To Stave Off Debt Accumulation

2021 Budget: Increasing IGR To Stave Off Debt Accumulation         Two things that stood out in President Muhammadu Buhari’s 2021 budget presentation at the National Assembly last week are the desire to steer the economy away from racking up debts to increasing its revenue generation capacity...

Lagos Atop As States’ IGR Drops By 11.7%

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

States’ IGR Dropped To N612.87bn In H1 — NBS

States’ IGR Dropped To N612.87bn In H1 — NBS       The Internally Generated Revenue of states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019, the National Bureau of Statistics has disclosed. The NBS on Tuesday in its...

RMAFC Raises Concern over States’ IGR…. More States with impressive IGR in 2019

RMAFC Raises Concern over States’ IGR … Rivers, Kaduna, Enugu, Kwara, Zamfara with impressive IGR in 2019 Against the over-dependence in the monthly Federation Account Allocation, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for concerted efforts by state governments in boosting their internally...