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Federal Government generates N1.1trillion from indirect taxes in the first two quarters of 2022.

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The Federal Government received N1.09trillion from indirect taxes in the first two quarters of 2022.

According to data from the National Bureau of Statistics, this represents a 10.29 per cent increase from N984.33billion obtained in the first two quarters of 2021.

The Nation’s GDP grew by 3.54 per cent in real terms in the second quarter of 2022.

 

Written by: Helen Obih

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