Nigeria's Exchange Rate Unification Adds N321bn to Government Revenue
![Nigeria's Exchange Rate Unification Adds N321bn to Government Revenue](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/d1a01062a53ba538834b7f38dd0734e3.jpg)
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Unifying the country’s exchange rate has significantly increased the revenue from the exchange difference. The communique says Exchange Difference revenue was N320.89bn in June 2023, which would be shared in...
show moreThe communique says Exchange Difference revenue was N320.89bn in June 2023, which would be shared in July 2023.
The communique shows from the N320.89bn exchange difference revenue, the Federal Government received N156.16bn, the State Governments received N79.20bn, the Local Government Councils received N61.06bn and the sum of N24.47bn was shared to the relevant states as 13 per cent mineral revenue.
Information
Author | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company