States’ Revenues Rose By 46.11% To N1.6trn
Chairman, Joint Tax Board, Mr Babatunde Fowler, on Thursday said the revenue generated at the state level rose from N800.02bn to N1.6trn between 2016 and 2018, representing an increase of 46.11 per cent.
Fowler made the disclosure in his...
N359.32bn Deducted From States’ Revenues To Service Debts
The 36 states of the federation had their statutory revenues deducted by N359.32bn in 2017 for debt servicing, the Fiscal Responsibility Commission had said.
The FRC stated this in its 2018 Annual Report and Accounts obtained by our...