FG To Cut FIRS’ N8.5trn Target
The Federal Government is revising the non-oil revenue projections, including various tax and customs receipts.
This means the N8.5trillion target set for the Federal Inland Revenue Service (FIRS) will be slashed at the end of the review.
Minister of Finance, Budget...
COVID-19: Edo Suspends Revenue Collection For April
The Edo State Government has suspended all forms of revenue collection from transporters for April to cushion the economic effect of the coronavirus (COVID-19) pandemic on residents.
In a statement, Secretary to the State Government, Osarodion Ogie,said the move...
Customs Generates N225m Revenue, Impounds N197.4m Goods In Bauchi
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘D’, with headquarters in Bauchi on Thursday said it generated N224.7m and seized contraband and smuggled goods worth N197.4m between November 2019 and March 2020.
The News...
Global Air Transport Revenue Loss Increases To $252bn
The International Air Transport Association says the expected impact of the coronavirus on global air transport has risen to $252bn.
IATA updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry...
Sokoto Abolishes Cash Payment Of Revenue, Tax
The Sokoto State Government has said the payment of tax or any form of state revenue by cash will no longer be tolerated.
Governor Aminu Tambuwal stated this at the stakeholders’ sensitisation on Sokoto State Revenue Integration and Consolidation...
Auditor General, ICPC To Probe Revenue Leakages In FIRS
The Office of the Auditor General for the Federation and the Independent Corrupt Practices and Other Related Offences Commission will jointly audit the revenue generating agencies including the Federal Inland Revenue Service.
The move is aimed at...
