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Tag "value added tax (VAT)"

FAAC shares N682.06bn allocation for August — highest in five months

    FAAC shares N682.06bn allocation for August — highest in five months

The federation accounts allocation committee (FAAC) shared N682.060 billion among the three tiers of government for the month of August. The three tiers of government met virtually for the monthly

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FAAC disbursement down by N174.73bn as revenue dips in April

    FAAC disbursement down by N174.73bn as revenue dips in April

The federation accounts allocation committee (FAAC) shared N606.196 billion to the three tiers of government for the month of April. This is down N174 billion from the N780.926 billion disbursed

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VAT, N360 exchange rate ‘push’ March FAAC disbursements by N199bn

    VAT, N360 exchange rate ‘push’ March FAAC disbursements by N199bn

Disbursements by the federation accounts allocation committee (FAAC) to the three tiers of government and the relevant agencies increased by N199 billion. The committee disbursed N780.926 billion as March federation

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NEC: States didn’t remit N41bn VAT to FIRS

    NEC: States didn’t remit N41bn VAT to FIRS

The national economic council (NEC) says states are owing the Federal Inland Revenue Service (FIRS) N41 billion in value-added tax (VAT). Badaru Abubakar, governor of Jigawa state, made this known

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Adeosun: FG reviewing requests to extend VAIDS

  Adeosun: FG reviewing requests to extend VAIDS

Kemi Adeosun, minister of finance, says the federal government is reviewing requests by states and various individuals in the private

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July to Sept VAT totals N250bn – highest in 2017

  July to Sept VAT totals N250bn – highest in 2017

A new report from the National Bureau of Statistics (NBS) shows that the revenue generated from value-added tax (VAT) in

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