Tag: Revenue

Customs targets N1.465tr revenue

The Comptroller-General, Nigeria Customs Service (NCS), Col. Hameed Ali (rtd) on Thursday told the Senate that agency plans…

NNPC earns N1.9tr from petrol as Nigerians consume 16b litres

The Nigerian National Petroleum Corporation (NNPC), Thursday, said about N1.9 trillion was generated from sales of Premium Motor…

FIRS rakes N4.9trn in 2020

The Federal Inland Revenue Service (FIRS) says it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.…

Customs rakes in N1.6trn in 2020

The Nigeria Customs Service (NCS) generated the sum of N1. 562 trillion in the 2020 fiscal year. A…

Nigeria must end dependence on crude oil, says CBN Governor, Emefiele

Governor of the Central Bank of Nigeria, Godwin Emefiele has stated that the country must end its dependence…

FIRS rakes in N4.122tr in 10 months

The Federal Inland Revenue Service (FIRS) on Wednesday put its overall 2020 performance from January to October at…

States generate N612.87bn in first quarter of 2020

The 36 States of the Federation and the Federal Capital Territory (FCT) generated N612.87bn in the first six…

Zamfara begins own gold reserve

Zamfara government says it has started its gold reserve to reduce dependence on federal allocations. The state Commissioner…

Customs generates N976.6bn revenue in 8 months

The Nigeria Customs Service (NCS) has so far generated N976.6 billion revenue from January to August for the…

FG, States, LGs share N676.407 billion for July

The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N676.407 billion for July 2020 to the federal,…

Gov Diri rejects categorisation of Bayelsa among states that are insolvent

Governor Douye Diri of Bayelsa State declared on Wednesday that the categorisation of the state as insolvent also…

FG predicts recession as revenue falls

The Federal Government on Thursday predicted a major recession in four years if economic indices don’t improve in…