Page 10 - Excise Duties News Today

The shared revenue by the three tiers of government was revealed at the end of the FAAC meeting for June 2023.

Federal Government, States and Local Government Government share total of sum of N786.161 billion as FAAC revenue for May 2023

The three tiers of government yesterday shared N786.161 billion as the federation allocation for the month of May 2023. Naija News gathered that the

The Federation Account Allocation Committee (FAAC) at its meeting, yesterday, shared N786.161 billion between the three tiers of government as

It is important to note that the specific impacts of road taxation in Nigeria can vary depending on the design of tax policies, the effectiveness of revenue collection and allocation mechanisms, and the overall governance and management of road infrastructure

Donohoe said: “It’s really important that we remove the tax reductions as the price of fuel itself has come down.”

According to the communiqué, in the month of April 2023, Petroleum Profit Tax (PPT), Companies Income Tax (CIT), Oil and Gas Royalties, Import and Excise Duties, and Value Added Tax (VAT) all decreased considerably.

FAAC shares a total sum of N655.932 billion to the Federal Government, States and Local Government Councils (LGCs) for the month of April.

Abuja, May 18, 2023 The Federation Account Allocation Committee (FAAC) has shared a sum of N655.932 billion revenue for April to the Federal Government, States and Local Government Councils (LGCs). According to a statement issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant of the Federation (OAGF), this is contained |

The Federation Account Allocation Committee (FAAC) has shared N655.932 billion to the Federal Government, States and Local Government Councils (LGCs) for