Auditor-General Flags N39bn MDGIF Under-Remittance From Petroleum Revenue
Nigeria’s Auditor-General has raised concerns over approximately N39 billion in alleged under-remittances to the Midstream and Downstream Gas Infrastructure Fund,...
Tag Archives: #PublicFinance
Auditor-General Flags N431bn Petroleum Levies Owed by Marketers
Petroleum marketers owe more than N431 billion in legacy transport and bridging obligations to Nigeria’s downstream petroleum regulator, according to...
Customs Collects N4.30tn, Meets 36.4% Revenue Target
The Nigeria Customs Service has collected N4.30tn in revenue by June 2026, meeting 36.4 per cent of its annual revenue...
Tracka Questions FG’s 2026 Budget Over ₦963bn Allocation for SUVs, Empowerment Projects
Nigeria's proposed 2026 budget has come under fresh scrutiny after civic monitoring group Tracka revealed that allocations for luxury vehicles...
States Receive N2.37 Trillion VAT Revenue in Six Months as Allocation Rises by 23.5%
Nigeria's 36 state governments received a combined N2.37 trillion from Value Added Tax (VAT) allocations during the first six months...
FAAC Shares N2.3tn May Revenue as Federation Allocation Continues Upward Trend
The Federation Account Allocation Committee (FAAC) has shared a total of N2.3tn among the Federal Government, states and local government...
President Tinubu: Old Tax Laws Made Nigerians Poor; New Systems Will Create Opportunities and Prosperity
President Bola Ahmed Tinubu, on Tuesday in Abuja, said that colonial-era tax laws had weakened Nigeria’s economy through fragmentation, multiplicity,...
Senate Confirms Taiwo Oyedele as Minister of State for Finance
The Nigerian Senate on Wednesday confirmed the appointment of Taiwo Oyedele as Nigeria’s new Minister of State for Finance after...
Governor Sanwo-Olu Approves Adetola Muyiwa John as Lagos State Accountant General
The Babajide Sanwo-Olu, Governor of Lagos State, has approved the redeployment of Adetola Muyiwa John as the new Accountant General...
Senate Sets March 17 for Final Passage of ₦58.472 Trillion 2026 Budget
The Senate, through its Committee on Appropriations, has tentatively scheduled March 17, 2026, for the final consideration and passage of...