N188.64bn Generated At Onne Port In 2021 - Customs   The Area ll Command of the Nigeria Customs Service in Onne Port has said it collected N188.64bn from January to December 2021 in revenues, compared to the N69.68bn it generated in 2020. In a statement, the Customs...

Discos Remit Only N265.03bn of N519.77bn Invoices To NBET In Six Months   Electricity Distribution Companies (Discos) only managed to remit N265.03 billion of the expected N519.77 billion to the Nigerian Bulk Electricity Trading Company (NBET) in the first six months of 2021. Data from the Nigerian...

Customs, Immigration, 13 Others Fail To Remit N127.1bn – Audit Report   The Office of the Auditor General of the Federation has disclosed that 15 Ministries, Departments, and Agencies failed to remit N127.13bn revenue to the Consolidated Revenue Fund between 2017 and 2019. The OAuGF made this...

External Reserves Gained $5.12bn In 2021 On Eurobond Debt, IMF Fund, Others   The country’s external reserves rose by $5.12bn in 2021, according to the data obtained from the Central Bank of Nigeria. The CBN revealed that the reserves, which ended December 2020 at $35.37bn, rose to...

Panel Summons Clerk As AG says NASS’s N9.4bn Unaccounted For     The Office of the Auditor General for the Federation has issued audit queries against the National Assembly and the National Assembly Service Commission over expenditures amounting to N9.424bn in 2019 which have not been allegedly...

NIPC Generated N11.91bn IGR In Five Years     The Nigerian Investment Promotion Commission (NIPC) generated a total of N11.91 billion as Internally Generated Revenue (IGR) between January 2016 and June 2021, it disclosed in a recent report. The report also showed that of the amount realised in...