Oyo State Government has urged new businesses in the State to help it boost its revenue by paying their taxes, as at when due. The commissioner for Information, Culture and tourism, Dr. Wasiu Olatunbosun stated this over the weekend during the launch of new businesses in Ibadan. He said the State Government’s concerted efforts to … Read more
The communique indicated that total revenue distributable for the month included gross statutory revenue of ₦477.504 billion, VAT of ₦166.228 billion The Federation Accounts Allocation Committee (FAAC) has shared a total of ₦696.965 billion as federation allocation for the month of August. Oshundun Olajide, a Deputy Director of Information at the Office of Accountant General … Read more
Akabueze suggested that the country could grow its revenue by eliminating all regressive subsidies The Director-General of the Budget Office of the Federation, Ben Akabueze, on Tuesday said cutting budget allocations to Federal Government agencies would not have a significant impact on Nigeria’s revenue. Akabueze made the disclosure in Abuja at the launch of the … Read more
Kogi State Governor, Alhaji Yahaya Bello has reiterated his administration commitment to good governance for a lasting legacy. The governor made the remark at the weekly State Executive Council meeting on Wednesday at the Exco Hall in Government House, Lokoja. According to Governor Bello, his government is building an 8-year system that would outlive him … Read more
The Ogun State Internal Revenue Service (OGIRS), says it will focus more on Information and Communication Technology (ICT), automated driven processes of all its various tax activities in order to achieve the N75billion revenue target in 2021. Mr. Anthony Olaleye, the Executive Chairman, OGIRS, made this submission while defending the agency’s 2021 budget proposal before … Read more
The Federal Government says it has generated as stamp duty revenue a total of N66 billion between January and June 2020. Confirming this report into the inauguration of the inter-ministerial committee on audit and recovery of back years stamp duties, the Chairman of the Federal Inland Revenue Services, Muhammad Nami, the Finance Act has mandated the … Read more
Veteran comedian, Ali Baba has suggested to incumbent Lagos State Governor, Babajide Sanwo-olu that there exists an automated system that will not only solve much of the perennial traffic problems in Lagos but also help generate huge sum for development. In a Instagram post on Tuesday, the Delta State-born humour merchant shared the suggestion, tagging … Read more