Project Funding

Based on the resolution of National Economic Council (NEC) of July, 14th 2009, the NEC approved the following:

Approval of the Taxpayer Identification Number Project (TIN)

The sharing formula of 52.68% to paid by The Federal Government through the Federal Inland Revenue Service (FIRS) which amounts to N4,470,912,261.34 (Four billion, four hundred and seventy million, nine hundred and twelve thousand, two hundred and sixty one naira, thirty four kobo) and 47.32% to be paid by the 36 (Thirty Six) States which amounts to N3,470,399,999.99 (Three billion, four hundred and seventy million, three hundred and ninety nine thousand, nine hundred and ninety nine naira, ninety nine kobo).

Anticipated Contribution from Donor
Already the World Bank through ERGP project is supporting the project with the sum of $1million for procurement of some infrastructure and systems for the Taxpayer Identification Number Project.
The Project is estimated to cost about N7.23Billion (Seven Billion, two hundred and thirty Million Naira only) details available in our Project Initiation Brief.

Below is the list of the 36 (Thirty Six) States of Nigeria and their approved counterpart contribution