Don't Miss
All posts tagged "derivation fund"
-
Fall in corporate tax brings down non-oil receipts by 30%
Non-oil receipts of N589.98 billion fell below the proportionate budget estimate by 22.8 percent in the fourth quarter of 2012 and the receipts in the preceding quarter by 30.3 percent, the Central Bank of Nigeria (CBN) has...
- Posted February 16, 2013
-
Five Governors Accused of N7 trillion Embezzlement from Derivation Fund
Five state governors have been accused by oil producing communities for embezzling N7.282 trillion. The communities alleged that for the past 13 years the Governors of Akwa Ibom, Rivers, Edo, Bayelsa, and Ondo received the amount as...
- Posted December 20, 2012