10 months after saying Lagos contributes half of Nigeria’s VAT, nothing to show—BHIU
It would be recalled that the Minister of Finance, Mrs. Kemi Adeosun, had on first August, 2017, revealed that more than half of Nigeria’s value added tax (VAT), comes from Lagos State alone. However, checks by Business Hilights Intelligence Unit…
750,000 new people come to Lagos yearly—Duke
Former governor of Cross Rivers State, Mr. Donald Duke, has opened up on the real challenges of Lagos State, saying “Lagos may be crowded out because every year, 750,000 new people come to Lagos to reside and the economy cannot…
Fresh reason emerges for special financial status for Lagos, but…
…As it rakes in 55% VAT for FG Apart from hosting 992 out of 994 that paid well over N10mn company tax throughout last year, Lagos has again scored first by generating 55 per cent in Value Added Tax (VAT)…
Lagos, 21 others improve on IGR in 2016 financial year, 13 others recorded decline
Fresh figures from the National Bureau of Statistics (NBS) has revealed that Internally Generated Revenue (IGR) indices for 35 states in the 2016 fiscal year have shown that 22 states lead by Lagos and Rivers States were able to shore…
