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2019 States IGR Report: States are not Taxing the Informal Sector Enough
65% of the total revenue of the 36 states and the FCT in 2019 came from FAAC while the remaining 35% came from IGR of the states. From the IGR, over 60% came…
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COVID-19: The Trouble that Lies Ahead for the Federal Accounts Allocation Committee (FAAC)
This article explains the trouble that lies ahead of FAAC going forward by first graphically explaining the relationship between oil prices and total monthly allocation, then examining the trend in monthly revenue sharing…
