Strict Budgets and Street Bargains
It’s a pleasure to introduce to you the next newsletter from Dataphyte’s Insight Team. We’re so inspired by your acceptance of Marina and Maitama, our Thursday Newsletter. And here’s the next: Pocket Science!
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Residence Tax: Are Lagos and FCT Robbing Their Neighbours?
Personal Income Tax (PIT) or residency tax remains the primary source of income for state governments. This source forms most of the state governments’ revenue annually. In five and a half years (2016 to half-year 2021), out of the N5.964 trillion generated, PIT summed up to N2.833 trillion, making up 47.5% of the figure.
Nigerians React to DPR Salary Structure
Following DATAPHYTE’s report on the disparate salary structure of staff of the Department of Petroleum Resources (DPR), Nigerians have thrown in series of reactions. These reactions were received on the Facebook page of the International Centre for Investigative Reporting and the comment section of the story on Premium Times. Many of them point to the spate of accountability, the gross injustice in the country’s wage structure, and the urgent need for harmonization of Nigeria’s wage structure
At Least 137 Billion Naira Petroleum Equalization Fund Unaccounted For
At least 137 billion naira of bridging allowance is unaccounted for by the Petroleum Equalization Fund (Management) Board, an analysis by DATAPHYTE has shown.