Tag: FISCAL TRANSPARENCY

  • FG REMOVES REVENUE COLLECTION DEDUCTIONS, PROMISES FISCAL TRANSPARENCY

    FG REMOVES REVENUE COLLECTION DEDUCTIONS, PROMISES FISCAL TRANSPARENCY

    ‎ Federal Government has  planned to permanently stop deductions for revenue collection costs paid to agencies like FIRS, Customs, and the Upstream Petroleum Regulatory Commission, aiming to improve fiscal transparency and ensure more funds reach federal, state, and local governments. Minister of Finance Wale Edun announced that these deductions, previously deducted before revenue sharing, have been…