….promises to refund past deductions Nigeria’s 36 state governors under the auspices of the Nigeria Governors Forum (NGF) on Tuesday disclosed that the Federal Government had agreed to stop further deductions from the State Governments’ federal accounts monthly allocations to offset Local Government Councils’ London/Paris Club debt obligations. The outgoing Chairman of NGF, Governor Aminu […]
The 36 state governors in the country have invited the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, to a virtual meeting on Thursday over issues on the newly redesigned banknotes introduced by the apex bank. The Head, Media and Public Affairs of the Nigeria Governors’ Forum (NGF), Abdulrazaque Bello-Barkindo, who made […]
The Nigeria Governors’ Forum (NGF) at the weekend reported that Sokoto State recorded the most impressive performance in its Internally Generated Revenue (IGR), growing its direct assessment revenue exponentially from a mere N7.5 million in half year 2020 to N519.5 million, representing 6,824% growth in the corresponding period of 2021 Other states with improved IGR […]
The Federal Inland Revenue Service (FIRS) has threatened to sanction five companies for failure to file annual tax returns as and when due. The Service in a statement listed the allegedly erring companies as Blackbit Limited, Pay Day Lotteries Limited, Raytan Limited, New Gate Logistics Limited and Give N Take Lottery Limited. It stated: “The […]