FG Losing Revenue From VIN Implementation - Agents
Clearing agents operating at the nation’s maritime sector have said that the Vehicle Identification Number introduced by the Nigeria Customs Service earlier this year has created revenue setbacks and loopholes for the government.
The agents in separate interviews...
FG Set To Strengthen Reforms In Oil Sector
The federal government has expressed commitment to open up business deals in the oil and gas sector to end corruption and anonymity in the sector.
The Executive Secretary of Nigerian Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya...
FG: Ajaokuta Steel Plant Won’t Be Ready Before End Of Buhari’s Tenure
The Federal Government says it can no longer deliver its promise, to complete the Ajaokuta steel rolling mill in 2022, as earlier promised.
This came after it blamed the COVID-19 pandemic and the Russia-Ukraine...
Declining Revenue Raises FG’s Deficit To N1.3trn In Q3, 2020
The Federal Government (FG) recorded a 42 percent shortfall in revenue collected in the third quarter 2020 (Q3’20) which resulted in deficit spending of N1.29 trillion during the quarter.
The deficit spending recorded in the period...
