Economy
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Revenue disparity: 36 states generate N5.30tn, get N10.19tn, borrow N1.84tn in five years
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from…
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Citizens getting poorer because Nigeria is borrowing for wrong reasons – Peter Obi
A former vice presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, says Nigerians are getting poorer because the…
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Northwest, South-West among top beneficiaries of VAT •South-East receives least
Five northern states, two south-western states, two south-south states, and one south-eastern state collected a total of N373.84bn of the…
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Nigeria’s total debt now above N50tn
Nigeria’s total debt profile has climbed above N50trillion The disclosure last week at the Lagos Business Schools (LBS) during the…
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Lagos Assembly passes VAT, open grazing bills
The Lagos State House of Assembly on Thursday passed the State’s Value Added Tax (VAT), with Speaker Mudashiru Obasa, directing…
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Revenue Politics: More States support move to end FG’s monopoly over VAT collection
More states are joining the league of states that want to end the monopoly the federal government has to collect…
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AbdulRazaq picks finance wonk as Kwara’s Accountant General
Kwara State Governor AbdulRahman AbdulRazaq has approved the appointment of AbdulGaniyu Sani as the new accountant general of the state.…
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Revenue warfare: Wike warns FIRS against sabotaging Rivers in administering VAT tax, other laws
Rivers State Governor, Nyesom Wike, has warned the Federal Inland Revenue Service (FIRS) against sabotaging the state government to freely…
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Katsina govt to challenge Rivers Court over ruling on VAT collection
Katsina State, governor Aminu Bello Masari, has frowned at the recent High Court ruling in Rivers State on the Value…
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Revenue war: Businesses entangled in confusion over FG, states’ tango on VAT
Ahead of September 20 deadline when businesses are expected to file value-added tax (VAT) claims, the control of the tax…
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