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Tag: REVENUE

Petrol Subsidy :Nigeria’s Revenue Dropped By 65%, Says Finance Minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria’s revenue has dropped by about 65 per cent.
Nigeria’s Fiscal Crisis Links To Poor Revenue - IMF

Nigeria’s Fiscal Crisis Links To Poor Revenue – IMF

The International Monetary Fund (IMF) has identified the major fiscal challenge faced by Nigeria as “its very low revenue” and not its...
FG Revokes 11 Oil Mining Licences As Revenue Shrinks

FG Revokes 11 Oil Mining Licences As Revenue Shrinks

The Federal Government has revoked the mining licences of about 11 oil and gas companies operating in the marginal fields.
Nigerian Extractive Industry Transparency Initiative, NEITI

Revenue: NEITI Confirms FG, States, LGS Shared N8.15trn In 2019

The Nigeria Extractive Industries Transparency Initiative, NEITI says the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee, FAAC...
Abiodun Fakeke , Chairman, House Committee On Finance

2020 Budget: Reps To Monitor Revenue Collection, Projects

The House of Representatives say it is ready to ensure the funding of the 2020 budget to enable the projects itemized in the...

Revenue: FAAC N635.8bn To FG, States, LGS Share In November

The Federal, States and Local Governments shared the sum of  six-hundred-and-thirty-five-point-eight billion naira for the month of November. The Permanent Secretary,...
Tunde Fowler, Executive Chairman, Federal Inland Revenue Service, FIRS

Tax Revenues: FIRS Partner On Recovery From Defaulting Companies

The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) is to panel with the Federal Inland Revenue Service, FIRS, to recover tax...

Revenue: FG To Raise N6tn From Petroleum Tax, VAT

The Federal Government, through the Federal Inland Revenue Service, plans to generate 4.3 trillion naira from petroleum profit tax and 1.7trillion naira through the Value...

Revenue: NEITI Says Nigeria Lost $16bn To Production Sharing Contracts

The Nigeria Extractive Industries Transparency Initiative, NEITI said that Nigeria lost at least 16 billion dollars in ten years due to non-review of the...

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