A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded in 2019, the National Bureau of Statistics (NBS) says. NBS made this known on Friday in Abuja in its “Internally Generated Revenue At State Level” for Fourth Quarter and Full Year
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By Chinonso Alozie – Owerri The Imo state governor, Hope Uzodimma, has said that market structures in the state would be used to boost the Internally Generated Revenue, IGR, of the state. The governor spoke through the commissioner for Commerce and Industry, Simon Ebegbulem, in Owerri, while inaugurating a 16 members caretaker committee of the
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By Marie-Therese Nanlong The Plateau State Internal Revenue Service, PSIRS has surpassed its revenue target by over N500m and promised that despite scourge of the COVID-19 pandemic, the Service would evolve strategies to ensure that revenues are harnessed and collected from the few economic activities that are ongoing in the State. Chairman of the Service,
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By Ibrahim HassanWuyo To make Local Government Areas more meaningful and lead to people’s prosperity, experts on restructuring from the Alter Consult have suggested that 43 per cent of revenue generated from localities should go to the third tier of government. Alter Consult is a financial and management consulting firm with membership drawn from across
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By Johnbosco Agbakwuru The 2019 Annual States Viability Index, ASVI, released on Sunday by Economic Confidential, showed that only six states in the federation are economically viable. The states include Lagos, Ogun, Rivers, Kwara, Kaduna and Enugu, while also listing the poor and insolvent states to include Katsina, Kebbi, Borno, Bayelsa and Taraba states, based
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By Victor Young Organised labour has rejected recent order by the Federal Inland Revenue Service, FIRS, to property owners and their agents to charge 6 percent Stamp Duty on all tenancy and lease agreements enter into with all leases and remit to the service. Trade Union Congress of Nigeria, TUC, in a statement on Sunday,
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The Bayelsa Government on Saturday said it generated N1.2 billion as Internally Generated Revenue (IGR) in the month of March 2020, highest in the last one year, up from N848.9 million generated in February 2020, Mr Timipre Seipulou, the Technical Assistant to the Governor on Treasury, Account and Revenue, gave the figure in Yenagoa, during
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The Kaduna State Government might have lost about N6 billion from Internally Generated Revenue,IGR, due to the current lockdown order.
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ABUJA—The Federation Accounts Allocation Committee, FAAC, has shared a total of N581.566 billion February 2020 Federation Account Revenue to the Federal, States and Local Governments in the country.
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Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby significantly raising her revenue profile while also paying the new minimum wage agreed by the Federal Government and Labour to its civil servants without any rancour or hesitation. This much was
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