Taxes, levies boost October FAAC revenue as FG, states, LGAs shared N1.4trn
The Federation Accounts Allocation Committee (FAAC) has announced a significant increase in…
NASS moves to reintroduce 5% excise duty on telecom, betting services
Despite a previous exemption of the telecom sector from the 5 per…
FEC approves bill seeking amendment of company income tax
The federal executive committee (FEC) has approved the economic stabilisation bill seeking…
Methodology of FAAC allocation
The Nigerian government financial system operates a structure where funds flow to…
Pantami insists telecom sector exempted from 5% tax, says ‘President’s approval supersedes all’
Isa Pantami, minister of communications and digital economy, says the exemption of…
FG finally exempts telecom from 5% Excise Duty
After six months of intense deliberations with the telecommunications industry stakeholders, the…