The sharing formula looks very encouraging as the amount involved continues to increase month by month, but the people contributing to it have been in perpetual siege for years. Notably, in ...

The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.894 trillion as revenue for February 2026 among ...

The Federation Account Allocation Committee has shared a total of N1.894tn as revenue for February 2026 among the Federal ...

Economic policy think tank Advocata Institute in a statement yesterday praised the Government’s mid-month fuel price revision as a decisive move that prevented hoarding and shortages during a global ...

Nigeria's states see higher VAT gains after recent tax reforms. This article discusses why this increased revenue must be managed responsibly for developme ...

Abuja, received a N15.8 billion allocation from Nigeria’s value-added tax (VAT) pool in January 2026, according to data from the federation account allocation committee (FAAC).

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

The potential response would mirror Spain’s 2022 VAT “inflation shield”, introduced following the surge in energy prices after Russia’s invasion of Ukraine. That package included significant temporary ...

Researchers have developed a method of using digital twins to significantly improve resin 3D printing results, but there's some challenges in doing so.

Higher revenue distributions from the Federation Account Allocation Committee (FAAC) are strengthening the fiscal position of Nigerian ...

The Church have Scotland has warned that many congregations “will be unable to afford to maintain their churches” without ...