You are here
Home > States (Page 2)

States owing Fed Govt N41b VAT revenue

States owing Fed Govt N41b VAT revenue

The National Economic Council (NEC) yesterday said states were owing the Federal Inland Revenue Service (FIRS) N41 billion in value-added tax (VAT). The Governor of Jigawa State, Badaru Abubakar, told reporters after NEC meeting, which was presided over by Acting President Yemi Osibajo. He said  the council was hopeful that the indebted states would payRead More …

‘Fed Govt, states, local govts share N1.9tr’

‘Fed Govt, states, local govts share N1.9tr’

The Federation Account Allocation Committee (FAAC) disbursed N1.938 trillion in the first quarter (Q1) of this year. The cash shared represented an increase of 37.3 per cent when compared with N1.411 trillion shared during the same period last year and 71.1per cent of the N1.132 trillion shared in the same quarter of 2016, the NigeriaRead More
The post ‘Fed Govt, states, local govts share N1.9tr’ appeared first on The Nation Nigeria. …

Top