Federal Govt Rakes In N810.19bn From Company Tax In Q3

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Latest data by the National Bureau of Statistics (NBS) has shown that federal government got at N810.19 billion from Company Income Tax (CIT) for Q3 2022,

indicating a growth rate of 13.41 percent on a quarter-on-quarter basis from N714.40 billion in Q2 2022.

On a quarter-on-quarter basis, the Arts, entertainment, and recreation activities recorded the highest growth rate with 93.33 per cent, followed by Agriculture, forestry, and fishing with 75.38 per cent.

 

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