The House of Representatives has asked management of the Niger Delta Development Commission (NDDC) to offset existing liabilities through the implementation of its 2019 budget.This came Tuesday, when the NDDC Interim management led by its […]
The state of Osun is in the news for the wrong reason as the imposition of tax on students by the state government is presently causing furore in many schools. LATEEF DADA writes. The fall […]
Arsenal have announced a £30million loss in matchday revenue for the year ending May 31 2019. As reported by The Mirror, having previously posted a pre-tax profit of £97.4million, Arsenal have now revealed a pre-tax […]
Both chambers of the National Assembly Thursday, passed for third reading, N10.594 trillion 2020 budget which indicated an increase of N264 billion on the N10.330 trillion presented to them by President Muhamnadu Buhari for consideration […]
The Minister of State for Budget and National Planning, Prince Clem Agba, has challenged commissioners of budget and economic planning to devise alternative ways of revenue generation for a sustainable developed economy. The minister gave […]
Governors elected on the platform of the Peoples Democratic Party (PDP) have challenged states to move away from oil that there may not be buyers in the nearest future but create ideas, solutions to improve […]
Kebbi State Governor Senator Atiku Abubakar Bagudu yesterday (Wednesday) presented a total sum of N138.18 billion appropriation bill to the State House of Assembly for the 2020 fiscal year The budget which was described by […]
Governor Samuel Ortom of Benue state Tuesday announced the decision of the state government to build an airport. The governor said the proposed airport will cost the state twelve billion naira N12 billion and will […]
Oyo state government has said its plan to attain N4 billion monthly internally generated revenue by December 2020 is on course. A statement issued Wednesday by the state Ministry of Information, Culture and Tourism, indicated […]
The Executive Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler has said that Nigeria would earn at least 80 per cent of her revenues from the non-oil sector of the economy by 2022. Fowler who […]
The Federal Inland Revenue Service (FIRS), said it has collected the sum of N4. 012 trillion in three quarters (January-September 2019), Executive Chairman, Tunde Fowler told the Senate Committee on Appropriations Thursday in Abuja. The […]
In the era of perennial shortfall in the revenue side of federal government’s budget proposals, the Nigeria Deposit Insurance Corporation (NDIC), which recently celebrated the 30th anniversary of its establishment, stands out as one of the […]
The Minister of Science and Technology, Dr. Ogbonnaya Onu, said The Nigerian leather industry generates revenue for the country valued between $600 to $800 million annually. The Minister disclosed this at the National Leather and […]
The Managing Director/Chief Executive Officer of Nigeria Export Import Bank (NEXIM), Mr Abubakar Bello said Nigeria has lost about $10 billion (about N3.6 trillion) over the past five decades in non-oil export opportunities in crops […]
The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Chief Elias Mbam has commended the efforts of the Federal Inland Revenue Service (FIRS) towards revenue generation, stating that the agency contributed 59.7 percent, […]
Here is a new buzz in town you would do well not to ignore. The chairman of the Revenue Mobilisation and Fiscal Commission recently hinted that the commission would begin the process towards reviewing the […]
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has insisted that its on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by the Federal Inland Revenue Service (FIRS) and the Nigeria […]
The Federal Accounts Allocations Committee (FAAC) on Tuesday distributed to the federal, states and local government councils a total sum of N616.198 billion for the month of April, 2019. The communiqué issued by the Technical sub-Committee […]
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said state governments are right to demand a review of the revenue sharing formula of the Federation Account. Outgone Acting Chairman of the commission, Shettima Abba-Gana, said […]
The Federal Inland Revenue Service (FIRS) has indicated its intention to collaborate with the Central Bank of Nigeria (CBN) to track Value Added Tax (VAT) payments made electronically by foreign entities not registered in the […]
The Nigeria Customs Service (NCS) has generated revenue of N311.2 billion for the first quarter of 2019. A document released by the office of the Public Relations Officer of the service, Joseph Attah, to the […]
Governor Simon Bako Lalong of of Plateau state said Thursday the state government would rebuild the abandoned Jos Terminus Market in order to generate enough revenue to pay the new minimum wage approved by President […]
The management of NASCON Allied Industries (formerly National Salt Company), a member of the Dangote Group Sunday released its financials for the year ended December 31, 2018 with N25.8 billion revenue and a profit after […]
The board of Julius Berger Nigeria, a construction giant has proposed a total dividend of N2.64 billion. The amount translated to N2.00 per share holding by investors. The company full year result released on Friday showed that revenue […]
The Federal Airports Authority of Nigeria (FAAN) has set up a committee to map out plans to boost non-aeronautical revenue, to upgrade airports’ infrastructure nationwide. This is even as the agency said that it was […]
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