March 10, 2023 8:44 AM in 2022, an increase of 116 percent from its 2021 figure.
Last year, President Muhammadu Buhari had said the country’s poor performance in resource mobilisation was a source of concern, as “tax revenues are approximately 8 percent of our output”.a presidential committee on the national economy, to provide solutions to the country’s economic troubles, especially in the area of getting revenue.
In Q3 of the same year, the CIT revenue further increased to N810.19 billion but had a 6.95 percent decrease in Q4 to N753.88 billion.According to the NBS, the 2022 figure shows that in one year, the federal government increased CIT from N1.69 trillion in 2021 to N2.83 trillion in 2022, which is a 116.75 percent increase.
Show us the Impact on its citizens or rather the Country as a whole .... They re using our funds to acquire properties overseas , if they so much cared bout this country , why are their kids overseas ?
Where is d impact and how exactly do dey make dez monies.... Is it not by squeezing d citizens? Yet we don't feel d positive impact of d revenues generated, no road, everyday accident, no light, no justice, no security.... I tire for naija abeg
And we have 133 million persons living in multidimensional poverty in same country! A case of the rich keep getting richer and the poor, poorer💔