Revenue Generating Agencies fail to remit N4.1tn to govt ―FAAC says

Monies unremitted by Revenue Generating Agencies (RGA) to the coffers of the Federal Government increased to N4.1tn as of June 2024, the Federation Accounts Allocations Committee (FAAC) has said. FAAC stated that this was despite the agencies’ reconciliation and payment of outstanding debts of N94.96bn in May 2024. According to Punch, the unresolved amount is […]

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