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  1. Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    Nigeria Federal Mandate: Ministries Instructed to Remit 100% Internally Generated Revenue to New Treasury Account for Fiscal Transparency

    In a bid to bolster revenue generation and instill financial discipline, the Federal Ministry of Finance has directed all Ministries, Departments, and Agencies (MDAs) to remit their entire internally generated revenue (IGR) to the newly established Treasury Single Account (TSA). The circular...
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    Politics Lagos generates N283.46bn IGR in nine months – Newtelegraph

    Lagos State accounted for N283.46 billion or 35.68 per cent of the total N794.50 billion Internally Generated Revenue (IGR) generated by the 36 states of the Federation and the Federal Capital Territory (FCT) between January and September 2018, findings by New Telegraph show. In fact, … Read...
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    Metro NBS: List of States Recorded With Improved IGR in 2015

    The National Bureau of Statistics, NBS, has identified the eleven states with an improved records of internal revenue in 2015. Details of the performances of respective states showed that: Ogun State’s IGR records were adjudged best, with a 49.42 per cent increase, almost doubling the N17.5bn...
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    Politics Nigeria: House of Reps Uncover 169 Ghost Companies on N1trn Rail Contracts

    The House of Representatives Ad Hoc Committee on Rail Contracts, yesterday, uncovered 169 ghost companies that registered as contractors with the Nigeria Railway Corporation, NRC, for projects valued at N1 trillion. According to Vanguard, the ad hoc committee raised the alarm during the...
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