Significant increases in import duty, petroleum profit tax (PPT), value-added tax (VAT), and electronic money transfer levy (EMTL) boosted federation revenue in October 2023, with the three tiers of government sharing N906.96 billion. The depreciation in naira also robbed positively on the distributable incomes as the tiers of government received N202.89 billion as a gain […]
The post Over N200b exchange rate differential pushes FAAC disbursement to N906.96 billion appeared first on The Guardian Nigeria News – Nigeria and World News.
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Last modified: November 23, 2023
