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Nigeria’s Revenue Unremitted, Trapped in Commercial Banks – RMFAC Chair

Nigeria's Revenue Unremitted, Trapped in Commercial Banks – RMFAC Chair The Revenue Mobilization Allocation and Fiscal Commission has revealed that a significant amount of government revenue remains trapped in commercial banks, unremitted. The Chairman of RMFAC, Mohammed Shehu, stated this when he received the Controller General...

Customs Revenue Rises 21.4% to N3. 206 trn

Customs Revenue Rises 21.4% to N3. 206 trn The Nigeria Customs Service (NCS) has recorded a N3.206 trillion revenue collection in 2023, representing an increase of 21.4 percent from N2.64 trillion recorded in 2022. The Comptroller-General (CG) of Customs, Mr. Adewale Adeniyi , disclosed the figure...