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Three FG agencies spend N533bn on revenue collection

This figure, derived from the Federation Accounts Allocation Committee reports published by the National Bureau of Statistics, marks a substantial increase of 99.85 per cent compared to the N266.75bn recorded in the corresponding period of 2023.

The FIRS and NUPRC deducted about four per cent of the cost of revenue collection, while the NCS received seven per cent.

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