Nigerian govt revenue from CIT rises by 150% to 2.47tn

Nigerian govt revenue from CIT rises by 150% to 2.47tn …C0NTINUE READING HERE >>>

The Nigerian federal government’s Company Income Tax (CIT) revenue collection in the second quarter of 2024 rose by 150.83 percent to N2.47 trillion.

The National Bureau of Statistics disclosed this in its CIT collection Data released on Monday.

The data showed that in the first three months of the year, CIT collection stood at N984.61 billion.

According to the report, local payments in the period under review amounted to N1.35 trillion, while foreign CIT payments contributed N1.12…

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