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Fed Govt Agencies Fail To Remit N2.8trn Independent Revenue In Six Years

Fed Govt Agencies Fail To Remit N2.8trn Independent Revenue In Six Years   The Federal Government recorded a shortfall of N2.8tn in independent revenue from revenue generating agencies between 2015 and 2020, an analysis of data from the Budget Office has shown. According to the Fiscal Responsibility...

Currency In Circulation Hit N2.8trn In March – CBN

Currency In Circulation Hit N2.8trn In March – CBN       Currency in circulation rose by N29bn to N2.81tn as of the end of March from N2.78tn as of the end of February, the latest figures obtained from the Central Bank of Nigeria showed on Sunday. Currency in...

Importers Lose N2.8trn To Irregular Import Procedures

Importers Lose N2.8trn To Irregular Import Procedures       Importers and exporters have continued to count losses to the inefficiencies at Nigerian seaports, as the Shippers’ Association Lagos State (SALS), estimated that operators lost an average of N2.8 trillion to irregular import procedures last year. This is further...

New Gas Project To Add N2.8trn To Nigeria’s Economy

New Gas Project To Add N2.8trn To Nigeria’s Economy         About N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC). This revenue is expected to...