Nigeria's capital territory sees 19.8% rise in revenue, totaling N252.8 billion, exceeding targets.

The Federal Capital Territory Internal Revenue Service in Nigeria reported a 19.8% increase in revenue collection for 2024, totaling N252.8 billion, surpassing its target. Acting Chairman Michael Ango attributed the success to staff dedication and improved organizational structure. Plans include aggressive tax enforcement, entertainment tax implementation, and transitioning to a tech-based system by 2025.

3 months ago
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