Fed Govt Agencies Fail To Remit N2.8trn Independent Revenue In Six Years   The Federal Government recorded a shortfall of N2.8tn in independent revenue from revenue generating agencies between 2015 and 2020, an analysis of data from the Budget Office has...

NNPC, Others May Reconstruct Federal Roads In Ogun, Says Buhari   President Muhammadu Buhari on Thursday, disclosed that the Federal Government is considering giving approval for the reconstruction of some federal roads in Ogun State by the Nigerian National Petroleum Company...

FG Gives Customs N4.1trn Revenue Target   The Federal Government has set a revenue target of N4.1trillion for the Nigeria Customs Service (NCS) this year. The service contributed N2.24trillion into the Consolidated Revenue Account (CRA) last year. The N4.1trillion revenue target was disclosed...

Ministry, Police, Seven Others Spent N49.5bn Without NASS Approval – Auditor General     The Office of the Auditor General of the Federation has disclosed that nine Ministries, Departments and Agencies of the Federal Government spent about N49.5bn above their approved budgets...

Diesel Surges By 56% In One Year, Now N350/litre   The price of Automotive Gas Oil, also known as diesel, has increased further to N350 per litre in some filling stations in Lagos. Economic Confidential had reported in October,  that fuel marketers...

Net Forex Inflow Drops By 30% To $2.69bn As Outflow Rose By 53%   The members of the Central Bank of Nigeria’s, CBN, Monetary Policy Committee, MPC, have called on the apex bank to carry out a comprehensive review of the...