Nigeria Orders Immediate Implementation of 50% Automatic Deduction from Agencies’ IGR

The directive was contained in a circular issued on Thursday by Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

The circular titled, “Re: Implementation of the Presidential Directives on 50% Automatic Deduction from Internally Generated Revenue of Federal Government Owned Enterprises (FGOEs),” was dated December 28, 2023.