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States earn N1.18tn VAT under new formula
States received N1.18tn from Value Added Tax revenue generated in the first quarter of 2026, following the commencement of the new VAT sharing formula, an analysis of Federation Account Allocation ...
The 36 states of the federation are set to receive an estimated N5.07tn as their share of Value Added Tax in 2026, following the commencement of a new VAT sharing formula introduced under the National ...
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has cautioned the federal government, the National Assembly, and the Taiwo Oyedele-led Presidential Fiscal Policy and Tax Reform ...
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