The Federal Government, States and the Local Government Councils have shared a total sum of N2.3 trillion, being May 2026 Federation Account Revenue, at the June 2026 Federation Account Allocation Committee (FAAC) meeting held in Abuja. Bawa Mokwa, Director (Press
Enugu State has been designated as the South-East Zonal Headquarters of the Office of the Tax Ombud, a development expected to enhance taxpayer support services and contribute to improving the tax-to-GDP ratio of both the state and the nation by
The Nigerian Government has dismissed reports suggesting that it has adopted or is considering new taxes on telecommunications services and petroleum products following the publication of the International Monetary Fund (IMF) Article IV Consultation Report on Nigeria. The Government in
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