DPR Targets N3.2trn Revenue By December             The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year. With improved revenue outlook, including signature bonuses, the Chief Executive Officer of DPR, Sarki Auwalu...

FG Borrowed N3.2trn Through T-Bills In 2020       The Federal Government borrowed N3.2 trillion from the investing public through treasury bills, T-Bills, in 2020, while it paid N253 billion as interest on TB borrowings from January to September 2020. This represents marginal increase of 1.9 percent, year-on-year,...

Reps Summon Kyari, Emefiele, Allege N3.2trn, Others Unremitted         The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that...

In 3years Nigeria Earned N3.2tr From Royalties , PPT   The Federal Government received N3.211 trillion as Petroleum Profits Tax (PPT) and Royalties from the third quarter of 2015 to third quarter of 2017, according to the Economic Report of the Central Bank of Nigeria (CBN). Breakdown...