Fed Govt to cut FIRS’ N8.5tr target

Fed Govt to cut FIRS’ N8.5tr target

The Federal Government is revising the non-oil revenue projections, including various tax and customs receipts.

FG reduces pump price of petrol to N123.50 per litre

FG reduces pump price of petrol to N123.50 per litre

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre.

FG, States, LGs share N647.35bn for January

FG, States, LGs share N647.35bn for January

The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee (FAAC) meeting ended in Lagos.

Senate probes non-remittance of taxes to state governments

Senate probes non-remittance of taxes to state governments

The Senate on Tuesday directed its Committees on Banking, Insurance and other Financial Institutions and Finance to investigate non-remittance of taxes on bank deposits and dividends payment due to state governments.

SEC to state governments: Establish Companies to boost IGR

SEC to state governments: Establish Companies to boost IGR

The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments to establish companies for specific target projects in order to boost their Internally Generated Revenue (IGR).

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