NNPC Spends N1.1trn On Subsidy, FAAC Remittance, Oil Exploration In 7 Months   The Nigerian National Petroleum Corporation (NNPC) spent N1.165 trillion to subsidize petrol, for oil exploration and remittance to the Federation Account Allocation Committee (FAAC) in seven months of this year. According to NNPC monthly...

AMCON’s Recoveries From Debtors Now N1.1trn   Asset Management Corporation of Nigeria (AMCON) yesterday said it has recovered a total of N1.1 trillion from debtors since its establishment. AMCON Managing Director/Chief Executive Officer, Mr. Ahmed Kuru, said in a telephone interview with our correspondent that the amount...

States Grew IGR To N1.1trn In 2018 - NBS Report   The National Bureau of Statistics on Thursday released the Internally Generated Revenue report for 2018, with the 36 states and the Federal Capital Territory generating a total amount of N1.16trn. The NBS, in a report posted...

FG Records N1.1tn 8months Deficit In 2018 Budget   Between January and August, the Federal Government recorded a fiscal deficit of N1.14tn in its operations, figures obtained from the Budget Office of the Federation have revealed. The 2018 budget which was signed by President Muhammadu Buhari had...