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FG, States, LGCs Share N990.189bn In Dec 2022

FG, States, LGCs Share N990.189bn In Dec 2022   The Federation Account Allocation Committee (FAAC), at its first meeting for year 2023 shared a total of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022. The amount is inclusive...

FG, States And LGAs Share N700.235bn For Sep 2022

FG, States And LGAs Share N700.235bn For Sep 2022 The Federation Account Allocation Committee (FAAC) has shared N700.235 billion to the three tiers of government as federation allocation for September, 2022. From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), and Electonic...

Nigerians Paid N1.23trn Tax To 36 States In 2021

Nigerians Paid N1.23trn Tax To 36 States In 2021   Nigerians across 36 states of the federation paid N1.23tn in taxes in 2021, a 19.19 per cent increase from the N1.03tn paid in 2020. This is according to data from the States’ Internally Generated Revenue report by...

FG, States Share N802bn As FAAC Allocation Rises By 18%

FG, States Share N802bn As FAAC Allocation Rises By 18%   The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from N681bn shared in May. The sharing decision was reached at Federation Account...

FAAC Shares N590.546bn Revenue To FG, States, LGCs For February, 2022

FAAC Shares N590.546bn Revenue To FG, States, LGCs For February, 2022   The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N590.546 billion February 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued...

States Generate N751.17bn From Road Tax, Others In Three Years

States Generate N751.17bn From Road Tax, Others In Three Years     The 36 states of the federation earned N751.17bn from road tax, direct assessment, and other taxes in three years, according to data collated from the National Bureau of Statistics. According to the NBS, direct assessment refers...