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IGR

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Nigerian states’ dependence on the Federation Account Allocation Committee (FAAC) allocations for revenue has remained a significant issue for their fiscal sustainability. FAAC allocations are funds distributed from the federal government to state and local governments, with oil crude sales being the

November 11, 2024

Business·News

Edo IGR Surges By 40% To N62bn

Edo State's Internally Generated Revenue (IGR) has witnessed a surge, leaping by over 40% from N45bn in 2022 to a staggering N62bn in 2023.

January 31, 2024

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

News·Politics

Tinubu Scraps Controversial 40% IGR Deduction From Universities

President Bola Tinubu has scrapped the controversial automatic deduction policy slashing 40% from federal universities’ internally generated revenues (IGR). The cancellation, announced during the 75th Founder’s Day ceremony at the University of Ibadan, came as a relief to many within the academic

November 17, 2023

Finance & Economy·News

Oyo plugs revenue leakages, gains N15bn in two years

Oyo State Governor, Seyi Makinde, declared at the weekend that his government had, in its first two years, increased the state’s Internally Generated Revenue by close to N15 billion without increasing taxes. The governor explained this on Saturday at the 41st Omo

June 27, 2021

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IGR

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Edo IGR Surges By 40% To N62bn

Tinubu Scraps Controversial 40% IGR Deduction From Universities

Oyo plugs revenue leakages, gains N15bn in two years

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