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How Nigeria Can Generate N10trn Tax Revenue – W/Bank

How Nigeria Can Generate N10trn Tax Revenue - W/Bank       The World Bank has advised the federal government to focus on low-hanging and revenue-yielding fruits in order to achieve substantial gains, grow Nigeria’s tax-to-GDP ratio to about seven per cent and rake in about N10 trillion...

FG To Convert N10trn CBN Financing To 30-year Debt

FG To Convert N10trn CBN Financing To 30-year Debt     The Federal Government has set the terms for the conversion of its stock of Central Bank of Nigeria (CBN) overdrafts into long-term notes in a bid to create transparency around its dependence on that source of...

PAN Urges Fed Govt To Save N10trn Poultry Industry

PAN Urges Fed Govt To Save N10trn Poultry Industry       Livestock farmers under the aegis of the Poultry Association of Nigerian (PAN) have appealed to the Federal Government to save the N10 trillion industry from collapse due to rising prices of bird feeds. The poultry farmers explained...

N10trn Spent On Fuel Subsidy In Last 15 Years – Marketers

N10trn Spent On Fuel Subsidy In Last 15 Years – Marketers   The Federal Government has spent about N10n subsidising petroleum products in the last 15 years, the Major Oil Marketers Association of Nigeria has said. MOMAN and other stakeholders, including the Depot and Petroleum Products Marketers...

Pension Fund Rises To N10trn

Pension Fund Rises To N10trn   Pension fund assets rose from N9.81trillion recorded on October 31, last year to N10 trillion in November 30, the monthly report dated January 16, 2020, released by the regulator, the National Pension Commission (PenCom) has shown. The fund grew by N18...

FEC Approves 7.2% VAT Rate, N10trn For 2020 Budget

FEC Approves 7.2% VAT Rate, N10trn For 2020 Budget   The Federal Executive Council on Wednesday approved 7.2 per cent as new Value Added Tax rate for the country, up from the current five per cent. However, a decision has yet to be taken on the effective...