Tag: REVENUE
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 debt burden.The...
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.A Source said the companies...
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 shared about...
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 budget come
to...
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, Ministry of Finance, Budget and
National Planning,...
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 revenues from...
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 Added Tax...
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 1993 Production...
