Category : Search result: Lagos state revenue


FAAC Shares N6tr in Q3, Lagos Gets N179bn

Nigeria's FAAC disbursed a record N6 trillion in Q3 2025, with Lagos and oil-producing states receiving huge allocations. NEITI warns of fiscal risks as oil prices soften. Read the full breakdown.

Lagos Balogun Market fire death toll climbs to 10

The death toll from the Great Nigeria Building fire at Lagos's Balogun Market has reached 10. Recovery operations continue as officials work to reach ground zero. Read the latest updates.

5 Northern States Adopt New National Tax Reforms

Jigawa, Plateau, Kogi, Nasarawa, and Kwara states are implementing new harmonised tax laws to boost IGR, curb multiple taxation, and create a business-friendly environment in line with President Tinubu's fiscal agenda.

CITN: Sustained Implementation Critical for Tax Reform

CITN President Innocent Ohagwa outlines the pillars for Nigeria's new tax reform success: sustained implementation, capacity building & stakeholder engagement. Learn how the reforms aim to harmonize taxes and boost revenue.

Nigeria's Tax Reform: 10 Ways States Will Benefit

Nigeria's proposed tax reform bills aim to reshape fiscal federalism, granting states more autonomy and revenue. Discover the 10 key benefits set to transform governance and infrastructure.

Tax Reform Execution Delayed, Port Agencies in Limbo

The implementation of Nigeria's new tax laws faces sluggish execution due to poor inter-agency coordination. NPA and NIMASA continue port collections as the National Single Window's March timeline remains uncertain.

Clarifying FG Revenue vs Federation Account Funds

Public debate on Nigeria's finances is clouded by confusion. We break down the key distinction between total government revenue and the Federal Government's actual share. Understand the facts behind the recent statements.

Lagos GNI Building Fire: Death Toll Rises

The Lagos State Government confirms another body recovered from the GNI building fire site on Lagos Island. Get the latest updates on casualties and the ongoing investigation.

Forbes 2025 Top 10 Highest-Paid Musicians List

Forbes reveals the top 10 highest-paid musicians of 2025, led by The Weeknd with $298 million. See the full list and how tours, streaming, and catalogue deals drove a $1.9 billion total.

Nigeria's Lingering Local Government Creation Crisis

Analysis of Nigeria's lingering crisis over arbitrary local government creation, from 240 native authorities in 1960 to 774 today. Explores historical data, military nepotism, and constitutional hurdles.

FIRS Replaced by NRS in Major Nigerian Tax Reform

Nigeria's FIRS is now the Nigeria Revenue Service (NRS) following landmark 2025 legislation. Discover how this shift promises transparency, efficiency, and a new era of public finance management for all citizens.

FIRS Transforms to Nigeria Revenue Service in 2026

Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.

Nigeria's Mandatory Car Recycling Fee Starts 2026

From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.

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