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Tax reform bills: Stakeholders tackle govs over revised sharing formula on derivation, population, VAT

MAJOR stakeholders, at the weekend, disagreed on the decision of the Nigerian Governors Forum (NGF) to tinker with the provisions on derivation and Valued Added Tax, in the tax reforms bill initiated ...
The Punch Newspapers

Tax reform: Northern group rejects derivation formula

The League of Northern Democrats has rejected the derivation formula proposed in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not properly defined. The ...
The Nation Newspaper

Dickson to RMAFC: revisit era of 100 percent derivation

Bayelsa State Governor Seriake Dickson yesterday lamented injustice in revenue sharing formula and asked the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to revisit the era of 100 ...
The Nation Newspaper

Delta receives N133.78bn 13% derivation, N413.75bn debt stock

Delta State has received the highest allocation of N133.78 billion from the federation account (FAAC) from the 13 percent derivation formula in the first half of 2024, according to data from the ...
The Punch Newspapers

Group urges Tinubu to address imbalances in federal policies

The Anti-Corruption and Research-Based Data Initiative, on Monday, urged President Bola Tinubu to address longstanding imbalances in Nigeria’s federal policies, including the quota system, federal ...
Daily Post Nigeria

Tax Reform: League of Northern Democrats rejects derivation formula

The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it ...