The National Bureau of Statistics, NBS, says Nigerians pay about 63 percent more as road taxes to State Government in 2023, highlighting the growing importance of road taxes in state level-finances.
The report, however, showed that the Federal Capital Territory, FCT, did not collect any road tax revenue in 2023.
Açcording to the recently published Internally Generated Revenue report by NBS, the road taxes paid by Nigerians rose to N40.14 billion in 2023.
A breakdown of taxes collected showed that Lagos State topped all states with N16.74 billion in road tax revenue for 2023, and Ebonyi State recorded a remarkable 3,804.32 percent increase among others.
-9News Nigeria.
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com