Statutory revenue
1 day ago
Nigeria's gross statutory revenue rose by N622.125 billion to N1.848 trillion in January 2025 from the N1.226 trillion received in December
17 Oct
Nigerian statutory revenue inflows dropped by N177.426 billion in September from N1.221 trillion received in the month of August 2024 to N1.043 trillion. FAAC reports that in September 2024, Oil and Gas Royalties, Excise Duty, Electronic Money Transfer Levy (EMTL) and CET Levies increased considerably, while Value Added Tax (VAT) and Import Duty increased marginally.…
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Nigeria's gross statutory revenue rose by N622.125 billion to N1.848 trillion in January 2025 from the N1.226 trillion received in December 2024. This was announced by the Federation Accounts Allocation Committee (FAAC) at the end of its February 2025 meeting in Abuja, yesterday.
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