VAT Hits N1.08tn in January as New Sharing Formula Cuts FG’s Share, Boosts States
Nigeria’s Value Added Tax (VAT) revenue surged to N1.08tn in January 2026, marking the first full month under a revised ...
Tag: Local Governments
FG to States, Councils: No FRC Certificate, No Loans — Borrowing for Recurrent Spending Illegal
The Federal Government has issued a stern warning to state and local governments against borrowing from financial institutions without ...