Discover and read the best of Twitter Threads about #taxmoney
Most recents (1)
Here’s @firsNigeria ‘s revenue collection scorecard for the past 8 years. The previous highest collection was in 2012 with N5.01 trillion but now 2018 with N5.32 trillion. The growth in 2018 was influenced largely by oil which increased by 62% while non-oil grew by 14%. #TaxMoney 
Between 2011 and 2018, the least tax revenue collection was recorded in 2016 with a total of N3.31 trillion. It was the year with the least oil tax revenue of N1.16 trillion. Check out 2011 and 2012 with oil tax revenue of N3.07 trillion and N3.2 trillion respectively. #TaxMoney
With the exception of 2016, non-oil tax revenue has grown consistently year on year. There was a decline in 2016, but the trend of annual growth returned in 2017 and remained in 2018. Oil tax revenue reflected the volatility in crude oil price between 2011 and 2018. #TaxMoney
