Economy

Nasarawa State’s Monthly IGR Hits ₦2.5 Billion, Official Reveals

The Nasarawa State Internal Revenue Service (NSIRS) has announced that the state currently generates over ₦2.5 billion monthly in internally generated revenue (IGR). This disclosure was made by the Executive Chairman of NSIRS, Ahmed Yakubu-Muhammad, during the opening of a three-day training session for revenue officers on Tuesday in Lafia. Yakubu-Muhammad noted that earlier this […]

News

EXCLUSIVE: Tinubu Reverses 40% IGR Deduction From Universities

President Bola Tinubu has decided to cancel the contentious deduction of 40% of Internally Generated Revenues (IGR) from federal universities nationwide. Represented by the Minister of Education, Tahir Mamman, Tinubu addressed the issue during the University of Ibadan’s 75th Founder’s Day ceremony on Friday, labeling the policy implementation as “ill-timed.” He emphasized that the current […]

Education

ASUU, VCs Reject FG’s Request For Universities To Generate 40% IGR

ASUU and the Committee of Vice Chancellors of Nigerian Universities oppose the Federal Government’s plan to deduct 40% from universities’ Internally Generated Revenue, considering it an attack on the university system. The government’s letter, dated October 17, 2023, outlines the auto-deduction policy, citing a Finance Circular from December 20, 2021. ASUU President, Prof. Emmanuel Osodeke, […]