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Sources of local government revenue in Nigeria includes; local rates, markets taxes and levies excluding any market where state finance is involved, Bicycle, truck canoe, wheelbarrow and cart fees, other than a mechanical propelled truck, Permits and fines charged by Customary Courts Local Government Business Investment, Tenement Rate Fees from schools established by the local governments Shops and kiosks rate, on and off Liquor License fees, Slaughter slab fees, Marriage, birth and death registration fees.
Taxes
loans
fees fine and royalties
rent and rates
grants and aids
1. Tax
2. Licencing
3. Grants from international bodies
4. From Mineral Resources
5. Borrowing
Main sources of revenue available to Nigeria Government are:
1. Natural Oil and Gas;
2. Agriculture;
3. People;
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What are the sources of revenue generation in Nigeria?
Sources of revenue to Nigeria are petroleum, electricity and taxes
What are the federal government's main sources of revenue?
Taxes
What are 5 sources of tax revenue?
taxes,fees,bonds,state government,federal government
What provided sources of revenue for the federal government in the period from 1800 to 1860?
The main sources of revenue in the 1800s-1860s were: Revenue Tariff, Land Sales, and Income Tax.
Who is the executive officer of Federal Inland Revenue Service in Nigeria?
Mrs. Ifueko Omoigui Okauru is the CEO of Federal Inland Revenue Service, Nigeria.
What is the importance of vat and revenue generation in nigeria?
VAT and revenue are some of the most important sources of funds for the government. The money is used in paying civil servants and provision of services such as security.
What are the 2 main sources of government revenue?
sources of government revenues
What are four sources of government revenue?
Federal revenues come from a variety of sources that include payroll taxes and individual income taxes. Other sources of federal revenues are corporate income taxes and excise taxes.
What is federal revenue?
AnswerTaxes, taxes and more taxes
The largest source of federal revenue from taxes come from?
Individual income taxes account for the federal government's largest source of tax revenue. The other two main sources are payroll taxes and corporate income taxes.
What are the main sources of government revenue?
Taxes
Largest source of revenue for the federal government?
The largest source of revenue for the federal government has been individual income taxes and payroll taxes. These taxes account for 82% of all federal government income.
