HomeTagsPetroleum Profit Tax

Tag: Petroleum Profit Tax

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...

PIA’ll Deplete Tax Revenue, FIRS warns

PIA'll Deplete Tax Revenue, FIRS warns       Federal Inland Revenue Service (FIRS) Chairman, Mohammed Nami, said though the law may affect revenue expected to be generated from Petroleum Profit Tax next year, government revenue is expected to increase significantly in 2023. Speaking at an interactive session on...

Reps Investigate Alleged Missing $60bn Petroleum Profit Tax Revenue

•Knocks CBN, FIRS, DPR House of Representatives Committee on Public Petitions says it will investigate alleged missing $60.3 billion Petroleum Profit Tax and Royalty revenues at the Central Bank of Nigeria (CBN). Chairman of the committee, Mr Uzoma Nkem-Abonta (Abia-PDP), stated this on Wednesday in Abuja...