Lagos Assembly Approves N200bn Bond, FAAC Financing

The Lagos State House of Assembly on Thursday approved the state government’s request to issue a N200bn bond and participate in the Federation Account Allocation Committee Receivables Discounting Programme to finance critical infrastructure projects across the state. The approvals followed the adoption of the Joint Committee on Economic Planning and Budget and Finance’s report during…

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MTN Contributes N200bn Monthly To VAT Pool – Independent Newspaper Nigeria

Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has disclosed that MTN Nigeria contributes over N200 billion in Value Added Tax (VAT) monthly, making it the largest contributor to the nation’s VAT pool. Oyedele made the disclosure recently while speaking as a panellist during Channels Television’s Town Hall on Tax Reforms. He…

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