QuotaSystem:
Yes they're the laziest because they do nothing but sit and wait for stipends from government and oil companies. What work did they do to produce the oil? Is it not other Nigerians like Otedola, Dangote, Rahamaniyya, Capital oil etc that are active in the industry? I hope you're aware that according to the Land Use Act every drop of oil belongs to the FG of Nigeria and not any lazy group of people born above her delta region.

Niger Delta produces oil. Niger Deltans produce NADA. Laziness is an understatement, even their Governor could not deny the fact.

this olodo would not mention niger deltans who are business men oo,but will yap about dangote like say dangote na him papa...is dangote generating money for the FG to feed states...nonsense...

can dangotes worth feed nigeria for 3 months...youre just so annoying...the otedola you mentioned wasnt he part of the subsidy fraud...no make person vex oo...what about you..wey your own business...mtcheew....

HEIR:
No magic madam. The dude just stated taxes were filed and payments made in June. If there was any magic it was as a result of 'floating' the dollar and naira devaluation. And of cos savings from non payment of fuel subsidies.
Although some progress is being made which is a good sign, but at the same time many companies closed shops and employees lost their jobs. Which invariably reduced IGR. Thing is complete diversification from oil is a long term project, not something we can achieve even in a decade.
Finally, I see the comments from Nigerians and I see so much hatred, especially the quotasystem dude. Dont know the level of his education or what he does for a living and why he hates the Niger delta people so much. But one thing is certain Nigeria would still depend on oil/gas for decades till Elon's Tesla and other scientists come up with better alternatives to man's energy needs.

that guy is such a hypocrite...the truth is after typing his usual rubbish and rants he retracts back to pray that the niger delta stops clamoring for true federalism so that his lazy azz can benefit from the region...hypocrite thats what he is...

rumaabk:
Shame on u enemy of progress wetha u like it or not Nigeria will progress and by Almighty God u will continue to be unemployd coz this is what u want for ur life.

I am self employed, go to car talk section and search for my username.

GreatSE:



And Lagos brown envelop Journalist just release fake July monthly allocation .....when we know now that no states earn up to 10 billion from Fed allocation

If FG gets 52% of 500Bn, LG's get 21% of the money,how can any state get up to 10 billion?

Another product of failed education

LocalChamp:
About 70 per cent of over N500bn raised from the Federal Accounts Allocation Committee in June came from the non-oil sector, the Executive Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler, has said.

Fowler, who is also the Chairman, Joint Tax Board, was quoted in a Monday report by Economic Confidential as saying, “Of the sum, 70 per cent came from non-oil sources while only 30 per cent came from oil sources. It was the first time in 2016 that the Federal Government shared over N500bn among the three tiers of government during the FAAC meeting.”

“We are proud of the development and we tell ourselves that this is the time to fund the budget of the Federal Government from non-oil sources.

He spoke in Abeokuta, the Ogun State capital, during a visit by the 36 state chairmen of the State Boards of Internal Revenue to the Ogun State Governor, Ibikunle Amosun.

According to Fowler, the FIRS tax revenue collection is a combination of a robust taxpayer registration drive, tax education and engagement through the establishment of the Federal Engagement and Enlightenment Tax Teams.

He said the audit of five key sectors, namely banking and the financial sector, aviation, power, telecoms, and oil & gas had started yielding result.

According to Fowler, the FIRS has added over 700,000 new corporate accounts since he assumed office.

Nigeria, he said, had a cumulative figure of 10 million registered taxpayers if the number of taxpayers of States Boards of Internal Revenue and the FIRS was added.

The FIRS chairman said the JTB had given itself a target to register at least 10 million additional taxpayers by December 31, 2016.

He said, “We have commenced tax enforcement too. We are happy that the efforts of the FIRS in collaboration with revenue stakeholders are already yielding positive result.

He thanked Amosun for approving the FIRS’ request on automated deduction and remittance of Value Added Tax and withholding tax from the point of payments to contractors in the state.

Fowler said, “Pursuant to implementing the collaboration framework, the FIRS requested for an approval of state governors to allow the automation of the process of payments on taxable transactions to enhance the deduction, at source, particularly of withholding tax and Value Added Tax.

“It is important to note and acknowledge that the Ogun state governor was the first to acknowledge and approve the implementation of the process. I thank Senator Ibikunle Amosun for the demonstration of his total support towards our efforts of making the Nigerian tax system efficient.”
http://punchng.com/70-june-allocation-non-oil-sector-fowler/

Thats a GOOD 1!God bless buhari!God bless fowler!!

That is a good development, another thing is for them to manage and disburse the revenue generated efficiently and equitably. Part of the revenue should be set aside for capital projects, provision of social amenities and infrastructure that will in turn generate jobs and more revenue.