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Tag: N127 Billion

DisCos’ Revenue Collection Hit N127bn In Q1

DisCos’ Revenue Collection Hit N127bn In Q1   Power distribution companies in the country saw their revenue collection rise a record N127bn in the first three months of the year. The Association of Nigerian Electricity Distributors, which disclosed this in a document obtained by our correspondent, said...

Imports From Other West African Nations Decline By N127bn

Imports From Other West African Nations Decline By N127bn   The value of goods imported by Nigeria from other West African nations, especially members of the Economic Community of West African States, fell by N127bn between the second and third quarter of 2019. Data from the National...

How FGN’s Preference For Commercial Debts Incurred Additional N127bn Interest

How FGN’s Preference For Commercial Debts Incurred Additional N127bn Interest   Over the past few months, concerns have been raised on the sustainability of the bourgeoning debt profile of the Federal Government, with the International Monetary Fund (IMF) stressing the need to cut down on excessive...