FAAC distributes N1.818trn to FG, states, LGs as revenue increases by N1.39trn
This is according to a communiqué from FAAC made available by Bawa Mokwa, Director , Press and Public Relations, Office ...
Tag: Excise duty
FAAC: FG, states, LGs share N1.578 trillion for March
FAAC says of the N931.325 billion statutory revenue, the Federal Government received N422.485 billion while states received N214.290 billion.
FAAC distributes N1.424 trillion to FG, states, and LGs in December 2024
The allocation was derived from a gross revenue of N2.310 trillion.
FG, states, LGAs share N1.4 trillion in October
Oil-producing states benefited from a Derivation payment of N132.404 billion, representing 13 per cent of Mineral Revenue.
![Minister of Communication, Dr Isa Ali Pantami [PHOTO CREDIT: Dr Isa Ali Pantami on Facebook]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2021/05/160007747_3969375299779467_2743853587984993815_n.jpg?fit=960%2C640&ssl=1)
FG removes excise duty for telecoms services
The Minister assured Nigerians, who are telecom consumers, that the presidential exemption given to the telecom sector shall be sustained ...
CPPE raises concerns over excise duty hike
High tax burden on businesses is detrimental to investment and job creation, the think tank said.
Hike in excise duty on tobacco, alcohol will reduce abuse, disease – CPC
The new excise duty rates were announced on Sunday.
