Geopolitical Zones‘ Contribution To VAT Pool & Received Without Lagos & Rivers
Data from 2025 shows a clear picture of how Nigeria’s six geopolitical zones contributed to the Value Added Tax (VAT) pool and what they received back—after removing Lagos and Rivers from the calculation. The figures highlight wide differences between what regions generated and what they eventually got through federal allocation. This has again brought the […]
FG, States, LGs Shared ₦2.2 Trillion August Revenue – FAAC
The Federation Account Allocation Committee (FAAC) has announced that the Federal Government, states, and local government councils shared a total of ₦2.225 trillion as revenue for August 2025. This marks an increase of ₦224.1 billion (11.2%) compared with the ₦2.001 trillion shared in July. According to a statement by the Office of the Accountant General […]
Nigerians Should Not Politicise The Tax Bill – TUC President, Festus Osifo –
The President of the Trade Union Congress (TUC), Festus Osifo, has advised Nigerians not to politicise the ongoing discussions about the controversial tax reform bills. He also cautioned against adding tribal or religious sentiments to the debate, saying these reforms are crucial but require adjustments to serve the majority of Nigerians better. Speaking during an […]
All of us will play better – Sanwo-Olu counters claim that Lagos will benefit the most from tax reforms
Lagos State Governor Babajide Sanwo-Olu has dismissed claims that Lagos will gain the most from Nigeria’s new tax reforms. During the Africa Investment Forum Market Days 2024 in Morocco, the governor urged Nigerians to take time to understand the reforms before drawing conclusions. The controversy started when Borno State Governor Babagana Zulum claimed that the […]
Shehu Sani and Ndume Disagree on President Tinubu’s Proposed Tax Reform
The debate over President Tinubu’s proposed tax reform bill is causing division among Nigerian lawmakers, especially between two former Senators—Shehu Sani and Mohammed Ali Ndume. Sani, who once represented Kaduna Central, argues that the tax reform is in the best interest of the Northern region, contrary to concerns expressed by some northern lawmakers and elites. […]