FX gain now major source of FAAC revenue – Report
According to Agora Policy, exchange gain contributed N657.44bn or 28.26 per cent of gross FAAC revenue of N2.33tn.
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According to Agora Policy, exchange gain contributed N657.44bn or 28.26 per cent of gross FAAC revenue of N2.33tn.
For there to be good governance, the local government chairpersons and the governors must be conscientious and selfless in the performance of their duties.
This is because now, we are in a situation where it’s the figures they (Federal Government) feed us with that we take as 13% figure.
Recently, it was reported that no fewer than 13 state governments recorded significant foreign exchange revaluation profits worth N71.59bn in three months.
Subsidy Removal: FG records over N1t monthly revenue inflow – Minister. Minister stated this on Monday in Asaba, Delta State at the opening