The expansion of the Electronic Money Transfer Levy (EMTL) to transactions on fintech platforms pushed the Federal Government’s revenue from ...

The Federal Government, States and Local Government Councils shared a total sum of N1.424 trillion, being December 2024 ...

Dr . Theo Acheampong, an economist and political risk analyst, has asserted that the Electronic Transfer Levy (E-levy) ...

The Federal Government, states, and local government councils have shared a total of N1.424tn as revenue for December 2024.

The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N 1.424 trillion to federal, state and local ...

Since the Mahama Administration announced its intention to eliminate the controversial and often criticised e-levy, along ...

Federal, state, and local governments have shared N1.424 trillion from December’s N2.310 trillion Federation Account Revenue.

The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.

A total sum of N4.682 billion was received by the Federal Government from the N31.211 billion Electronic Money Transfer Levy, EMTL. The State Governments received N15.605 billion and the Local ...

The E-Levy is a tax imposed on all electronic money transfers, except those explicitly excluded by law. The Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy ...

A total of N1.424 trillion, representing the December 2024 Federation Account Revenue, has been shared among the Federal, ...

The record, contained in revenue-sharing data released by the Federation Account Allocation Committee (FAAC), explained that the December revenue surpassed the N15.046 billion recorded in November by ...