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archiveDecember 3, 2019

NEWSTAXATIONTOP STORY

VAT revenue drops by N36.82bn in Q3

  the total revenues from Value Added Tax (VAT) dropped by N36.8 billion to N275.12 billion in the third quarter of the year compared to N311.94 billion in the preceding quarter,  the National Bureau of Statistics (NBS) has revealed. The NBS, in its sectoral distribution of VAT data for Q3...
ECONOMYTOP STORY

FAAC disbursement hits N2.273tn in Q3 2019 – NEITI

  Data from the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the Federation Account Allocation Committee (FAAC) disbursed N2.273 trillion to the three tiers of government and other statutory recipients between July and September this year. NEITI in a statement signed by its Director of Communications, Dr. Orji...
NEWSTOP STORY

Oyo begins enforcement of law against overloading

Commercial motor drivers with more than one passenger on the front seat as well as cyclists with more than one passenger would henceforth be arrested and prosecuted for violation of Oyo State Road Traffic Law.This was disclosed yesterday by the Chairman, Oyo State Road Transport Management Authority (OYRTMA), Mogaji Akin...
ENERGYNEWSTOP STORY

CSOs develop app to track missing oil monies

A group of civil society organisations (CSOs) in Nigeria’s extractive sectors have developed a mobile application – RemTrack to track the status of missing oil monies and other issues raised in various oil and gas audit reports by the Nigeria Extractive Industries Transparency Initiative (NEITI). The CSOs in a statement...
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