VAT

Abubakar Malami, attorney-general of the federation, says no state has the power to lay claim to the collection of value-added tax (VAT) in the country. Malami said this on…

Ebonyi State Governor, Dave Umahi, on Friday, knocked his colleagues on the platform of the Southern Governors’ Forum over their resolution supporting the collection of the…

The Federal Inland Revenue Service (FIRS) and some state governments are currently embroiled in a legal tussle over VAT collection. Last month, a federal high court in Port…

The Federal Inland Revenue Service (FIRS) has said it would urgently appeal the judgement of a Port Harcourt court that prohibits it from collecting  Value Added Tax (VAT) and Personal…

In a landmark ruling, the Federal High Court sitting in Port Harcourt, Rivers State, has declared that the Rivers State Government and not the Federal Inland Revenue…

The three tiers of government shared N619.343 billion as federation allocation from the revenue generated in December 2020. This is higher than the N601.110 billion shared in December. Hassan Dodo, director of…

Disbursements by the federation accounts allocation committee (FAAC) to the three tiers of government and the relevant agencies increased by N199 billion. The committee disbursed N780.926…