Just another News Updates
The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, has shed light on the apprehension among state governors regarding the Federal Government’s proposed derivation principle on Value Added Tax (VAT). Magaji made this disclosure on Saturday during a one-day citizens’ consultative meeting on the 2025 budget preparation. He warned that the proposed VAT […]
The Nigeria Customs Service (NCS) announced that it collected ₦5.7 trillion in revenue as of Tuesday, November 12, 2024. Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the 2024 Comptroller-General of Customs Conference in Abuja. The conference is themed, “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose.” Adeniyi expressed optimism about […]
The Katsina State government has announced that it generated ₦2.024 billion in Internal Generated Revenue (IGR) for the month of September. This was disclosed in a statement on Friday by Sada Shu’aibu, Director of Corporate Communications for the State Internal Revenue Board. Shu’aibu quoted the board’s Executive Chairman, Muhammad Isiyaku, who described the revenue achievement […]
President Bola Tinubu is considering barring revenue-generating agencies from collecting government revenues directly, proposing the creation of a single agency, the Nigeria Revenue Service, to handle this responsibility. This move comes as part of a broader tax reform initiative aimed at improving revenue collection efficiency. These reforms will remove revenue collection duties from agencies like […]
The Zamfara State Internal Revenue Service (ZSIRS) has announced that tenement rate payments should no longer be made to local government councils, as the board now exclusively handles the collection of these rates. This announcement was made by the Executive Chairperson of ZSIRS, Hajiya Rakiya Ahmed Dodo, during her weekly program on Zamfara Radio, “Da […]
By Abdullahi Idris, Dutse Under the leadership of Dr Nasir Sabo Idris,Nasir FCA. FCTI and he is not a New-household name in uplifting the standard of revenue collections and modern digitalization processes across Jigawa state, a graduate of Bsc Accounting BUK, Msc Accounting BUK, Msc Finance University of London MBA (BUK). And he has greater […]
The Zamfara State Internal Revenue Service, under the leadership of Chairperson Hajiya Rakiya Ahmed Dodo, has introduced an electronic payment platform dubbed “PayZamfara.” This announcement was made by Alhaji Bilya Muhammad Ahmad, the Director of ICT at IRS, during the weekly Hausa phone-in program “Da Ruwan Ciki akan ja na Rijiya” on Zamfara State Radio. […]
The Federal Government says it has developed software to enhance transparency in revenue generation and sharing amongst the three tiers of government. According to NAN, the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Chairman, Mr Mohammed Shehu, said this in an interview on Sunday. According to him, the software will help the commission perform one […]
The Presidency plans to double the nation’s revenue within three years. Special Adviser on Revenue to President Bola Ahmed Tinubu announced the N30 trillion target on a television programme last night. Zach Adedeji said the target would be achieved through technology and data without raising taxes. According to him, non-tax revenue will be the driving […]
President Muhammadu Buhari says he will await the final outcome of the constitutional review process before presenting the report of the review of the vertical revenue allocation formula to the National Assembly as a Bill for enactment. The President stated this on Thursday in Abuja while receiving the report by the Revenue Mobilization Allocation and […]