Tax: Court orders FCT-IRS to seal off defaulting company
A Magistrate Court sitting in Wuse Zone 2, Abuja, on Friday, ordered the Federal Capital Territory Internal Revenue Service (FCT-IRS) to seal off a […]
Revenue
Nigeria Customs Service generates N1.3trn in first quarter 2024 – C-G
The Nigeria Customs Service (NCS) says it generated more than N1.3 trillion revenue in the first quarter of 2024. The Comptroller General (C-G) […]
Allocation: Area Councils, stakeholders share N4.4 billion
By JOHN ONAH, Abuja – The Federal Capital Territory Administration (FCTA) has disbursed the sum of N4,439,259,692.78 billion to the six area councils and […]
FG, states, LGCs share N1.149trn revenue for January — FAAC
By MBAFAN ADE, Abuja – The Federation Account Allocation Committee (FAAC), has shared the sum of N1.149 trillion revenue among the Federal Government, states and […]
Nigeria’s aquaculture has $296bn annual revenue potential – WAS
The World Aquaculture Society (WAS), African chapter, in the West African region, says Nigeria’s aquaculture sector has the potential to generate an annual revenue […]
Nigeria’s cinema generates N1.2bn revenue in January
The Cinema Exhibitors Association of Nigeria (CEAN) on Tuesday said it generated N1.2 billion as revenue across cinemas in the country in January. Its […]
FG, States, LGCs share N1.1trn December revenue – FAAC
By JOY ADARA, Abuja – The Federation Account Allocation Committee (FAAC) has shared N1.127 trillion December 2023 federal revenue among the Federal Government, states and […]
Customs generates N3.2trn revenue in 2023, projects remarkable strides in 2024
The Nigeria Customs Service (NCS) reports a significant milestone in the fiscal year 2023, surpassing all expectations with a total revenue collection of N3,206,603,417,315.47. […]
We won’t disappoint Nigeria on N5.1trn revenue target- Customs
The Nigeria Customs Service (NCS), has said it cannot afford to disappoint the country in realising its N5 trillion revenue target for 2024. Its […]
Niger State to employ over 100,000 farmers, hits 1Ntrn revenue in 5-years
By EMMANUEL KUJE, Abuja – Niger State Governor, Umar Bago, has said his administration will likely hit N1 trillion in revenue through the Niger […]
Gov Kefas inaugurates a committee to review LG revenue collection
BY DOMINIC AKPENSUEN, Jalingo – The governor of Taraba State, Dr. Agbu Kefas has inaugurated a committee to review and appraise the performance of […]
FG, States, LGCs share N1.08trn November revenue – FAAC
By JOHN ONAH, Abuja – The Federation Account Allocation Committee (FAAC) has shared N1.088.783 trillion November revenue to the Federal Government, States and Local […]
NNPC Ltd generates N4.5trn revenue in 10 months
The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation for 2023 as at October, its Group […]
Nigeria Customs Service targets N6trn revenue in 2024
The Nigeria Customs Service (NCS) has planned to generate N6 trillion as Internally Generated Revenue (IGR) for the Federal Government in 2024. The NCS […]
Nigeria targets $10bn revenue through national shipping line – Minister
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said the ministry will consider the re-establishment of a National Shipping Line through […]
Subsidy removal: FG records over N1tn monthly revenue inflow – Minister
The Minister of Finance, Mr Wale Edun, has said that the Federation Account is witnessing improved revenue inflow since the removal of subsidy […]
Seme Customs generates N3.05bn in 10 months
The Nigeria Customs Service, Seme Area Command, Lagos State, said on Tuesday that it generated a total sum of N3.05 billion in 10 months. […]
Infrastructure Development: FG explores PPP to generate revenue from expatriates working in Nigeria
As part of deliberate and conscious effort to raise funds for the development of critical infrastructure projects countrywide, the federal government has initiated plans to […]
Nigeria Customs exceeds monthly revenue target, generates N343bn in August
The Acting Comptroller-General (CG), Nigeria Customs Service (NCS), Mr Adewale Adeniyi, says the service has exceeded the revenue target for the months of July and […]
How we prevent leakages of revenue to FG – RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC says it is taking steps to block leakages and boost the Federal Government’s revenue generation initiatives. […]