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Economic downturn bites hard, as 36 states, FCT recorded 11.7 per cent negative growth ― Fayemi


Economic downturn bites hard, as 36 states, FCT recorded 11.7 per cent negative growth ― Fayemi
Economic downturn bites hard, as 36 states, FCT recorded 11.7 per cent negative growth ― Fayemi
• Says, no plan to increase tax at subnational level
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Chairman, Nigeria Governors’ Forum (NGF), Governor Kayode Fayemi, on Monday, expressed the resolve of the subnational governments toward deepening the drive for improved domestic revenues through effective, efficient, fair and legal tax administration.
Fayemi who gave the assurance at the opening of the 6th Internally Generated Revenue (IGR) National Peer Learning Event held in Abuja, reiterated the need to leverage on relevant technology which presents a platform to strengthen our taxpayer databases; collaborate, share data, intelligence and information, and embrace advanced taxpayer profiling techniques to inform our approach to taxpayer management. ....

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COVID- 19: Reposition your Fiscal Revenue Management Systems, FG tells Governors


COVID- 19: Reposition your Fiscal Revenue Management Systems, FG tells Governors
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Say this year has presented us with a perfect storm of difficulties to deal with
By Henry Umoru
 FOLLOWING the outbreak of the Coronavirus COVID-19 pandemic and its impact on the economic and fiscal revenue outlook for 2021, the Federal Government has urged the governors of the thirty-six states of the Federation to strategise and reposition their fiscal revenue management systems for this era called the ‘new normal’. 
According to the Federal Government, with the impact of COVID-19, the revenue outlook for 2021 depends on the willingness of State governments to embrace the right tools, technology, and strategies to transform, enhance as well as strengthen revenue growth and sustainability, and adopt what it termed, cost optimization plans.  ....

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COVID- 19: Reposition your fiscal revenue management systems, FG tells Governors


COVID- 19: Reposition your fiscal revenue management systems, FG tells Governors
On
…Say this year has presented us with a perfect storm of difficulties to deal with
By Henry Umoru
Following the outbreak of the Coronavirus COVID-19 pandemic and its impact on the economic and fiscal revenue outlook for 2021, the Federal Government has urged the governors of the thirty-six states of the Federation to strategize and reposition their fiscal revenue management systems for this era called the ‘new normal’.
According to the Federal Government, with  the impact of COVID-19, the revenue outlook for 2021 depends on the willingness of State governments to embrace the right tools, technology and strategies to transform, enhance as well as  strengthen revenue growth and sustainability, and adopt what it termed, cost optimization plans. ....

Ekiti State , Abuja Federal Capital Territory , Federal Capital Territory , Asishana Okauru , Kayode Fayemi , Zainab Ahmed , Henry Umoru , Revenue Service , Program For Results , National Planning , Revenue Services Establishment , Companies Income Tax , World Bank , Revenue Services , Ministry Of Finance Budget , Strategic Revenue Growth Initiative , Tertiary Education Trust Fund Establishment , Nigeria Governor Forum , National Single Window , Kindly Share This Story , Federal Government , Mrs Zainab Ahmed , Internal Revenue Services , Internal Revenue Service , Finance Bill , Federal Ministry ,