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The Revenue Mobilization Allocation and Fiscal Commission is an agency of the Federal Republic of Nigeria that oversees the revenues accruing to and disbursement of such funds from the Federal Account. The Body also ensures that there is conformity and equity in the nation's revenue allocation formulae.
The Board of Inland Revenue was created in 1958, and the service gained autonomy with the passing of the FIRS (Establishment) Act 13 of 2007. [ 3 ] In 2003, the Federal Government of Nigeria recognized that poor service delivery in the public sector had become an urgent national issue and undertook a series of steps that lead to the entering ...
The Rivers State Internal Revenue Service (abbreviated RIRS) was formed in 1993 under the Board of Internal Revenue Law 1993 (No. 3). It is a government agency entrusted to assess, collect and account for all taxes, fees and levies in Rivers State, Nigeria.
The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. [ 1 ] Rank
In Q1 2024, Nigeria's exports were dominated by petroleum products, including crude oil and liquefied natural gas. Major export destinations included China, India, and the Netherlands. [167] This period saw a notable increase in energy exports, reinforcing Nigeria's role as a key player in the global energy market.
Revenue, Mobilization, Allocation & Fiscal Commission; New Partnership for African Development ; Border Communities Development Agency [9] (BCDA) Federal Road Safety Corps; National Energy Council; Nigeria Atomic Energy Commission; National Hajj Commission of Nigeria (NaHCON) [10] Infrastructure Concession Regulatory Commission (ICRC)
The Nigerian Bar Association (NBA) is a non-profit, umbrella professional association of lawyers admitted to the Bar by the Council of Legal Education in Nigeria. It is engaged in the promotion and protection of human rights, the rule of law and good governance. [ 1 ]
Revenue (US$ millions) Profits (US$ millions) 1 Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry 2,014 67 7 Airtel ...