From Our Correspondent The Nigerian Railway Corporation recorded a 49.73 per cent decline in passenger freight, convening 672,198 passengers in Q4 of 2023, according to the National Bureau of Statistics (NBS) TheNewsZenith reports that this decline is against 1,337,108 people who travelled via rail system in the corresponding quarter of 2022. NBS gave these figures […]
From Our Correspondent The Federal Government says it will plough back benefits accruable from subsidy removal to boost revenue and improve business environment for local and foreign investment. Chief Wale Edun, the Minister of Finance, announced this after the inaugural Federal Executive Council meeting on Monday in Abuja. Edun, also Coordinating Minister for Economy, said […]
The Federal Inland Revenue Service (FIRS) and Civil Society Organisations (CSO) have called for deliberate measures to curb revenue leakages so as to boost tax generation in the country. They made the call at a National Tax Conference organised by International and National Civil society organisations (also known as) Tax Justice and Governance Platform in […]
The Federation Account Allocation Committee (FAAC) has shared a total sum of N760.235 billion September 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. The figure is contained in a communiqué issued at the end of the FAAC meeting for October 2022. A total of N760.235 billion revenue comprised distributable statutory […]