Tribune Online
Why FG isn’t keen on new revenue formula
SECTION 162(1) of the 1999 Constitution created the Federation Account, into which shall mandatorily be paid, all revenues collected by the Government of the Federation, excepting proceeds of personal income tax from a few categories of persons. The Constitution also defines “revenue” as any income or return accruing to or derived by the Government of […]
Why FG isn’t keen on new revenue formula
Tribune Online