Petrol prices: Donohoe defends excise rate increase, says not doing so would cost €700m
Donohoe said: “It’s really important that we remove the tax reductions as the price of fuel itself has come down.”
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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