The Federal Government earned a total of
N2.92tn from taxes in the first nine months of 2015, statistics
obtained from the Federal Inland Revenue Service have revealed.
The statistics were exclusively obtained by our correspondent in Abuja on Sunday.
The amount when compared with the
N3.44tn, which the Federal Government had set for the FIRS as target for
the nine-month period, represented a decrease of N520bn.
A breakdown of the tax revenue earned by
the service within the period showed that the sum of N756.7bn was
collected in the first quarter of 2015 as against the quarterly revenue
target of N1.02tn. The N756.7bn was raised from Petroleum Profit Tax,
which contributed the sum of N368.59bn, and non-oil taxes on which the
sum of N388.1bn was collected.
