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Lagos State Govt Earned N418bn From Tax In 2020 – LIRS

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS         Lagos State Government raked in N418bn as tax revenues in 2020 despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said. A statement issued on Sunday by the States Fiscal Transparency...

19 States Lack Automated IGR Collection System – Fed Govt

19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

World Bank Approves $1.5bn for Nigeria to Reduce Poverty, COVID-19 Response

World Bank Approves $1.5bn for Nigeria to Reduce Poverty, COVID-19 Response The World Bank Group through its New Country Partnership Framework with Nigeria has approved $1.5 billion for social protection and strengthening state-level COVID-19 response Nigeria is at a critical position now with the sharp fall...

COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States

COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States       The Federal Government on Wednesday announced the disbursement of N66.5bn ($175m) to 35 eligible states on the basis of the Amended COVID-19 Responsive 2020 Budget results achievement. According to the government, Rivers State was the only...

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...

SFTAS: FG Disburses N43bn To 24 States

SFTAS: FG Disburses N43bn To 24 States     The Federal Government has disbursed the sum of N43,416,000,000.00 ($120.6 million) to 24 states of the federation through performance-based grants under the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme-for-Results. The Minister of Finance, Budget and National...