Road Taxes Jump by 63% — NBS

The report, however, showed that the Federal Capital Territory did not collect any road tax revenue in 2023.   The National Bureau of Statistics (NBS) has said that Nigerians paid about 63 per cent more as road taxes to state governments in 2023, highlighting the growing importance of road taxes in state-level finances. The report, however,…

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Petrol Price Rises 28.35% to N770.54/ltr

The national average retail price of petrol increased year-on-year, YoY, by 28.35 per cent to N770.54 per litre in July 2024 from N600.35 per litre recorded in the corresponding period of 2023. The National Bureau of Statistics (NBS) disclosed this in its Premium Motor Spirit (Petrol) Price Watch for July 2024. On a month-on-month (MoM)…

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