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Interview: Tax is ‘Not a Joke’ in Nigeria–FIRS Boss

COVID-19 pandemic has impacted negatively on Government’s revenue sources. In June, 2020, the Federation Accounts Allocation Committee (FAAC) shared a total of N696 billion to the three tiers of the Government of Nigeria. FIRS alone contributed 70 percent of the amount shared while other revenue generating Agencies altogether contributed 30

How FG, States, LGcs Shared N8tr in 2018

•Delta, Akwa Ibom, Lagos received highest shares Godsgift Onyedinefu The Federal Government, 36 states and the 774 local government councils in Nigeria shared a total sum of N8trillion from the Federation Account in 2018 in spite of the shut-ins in several oil installations during the period. The allocations were made after the

How Presidency illegally moved N14bn to establish Army Barracks-Report

•DPR, FIRS overpaid N837.082bn 324 MDAs fail to submit their accounts for audit Ndubuisi Francis  The audited report of the federal government for the 2016 financial statement from the Office of the Auditor-General for the Federation (OAuGF), Mr. Anthony Mkpe Ayine, has revealed that the presidency illegally withdrew N14 billion from the

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