Senate Demands Detailed Report On Alleged N4trn Unremitted Funds     Members of the Senate Public Account Committee and the officials of the office of the Auditor-General for the Federation engaged in a heated debate on Tuesday with officials of the Nigerian National Petroleum Corporation over the...

Lagos State Loses N4trn Annually To Traffic Congestion         Citing the economic implications of daily traffic congestion in the state, Danne Institute for Research, a Lagos-based research institute, has said in its Connectivity and Productivity Report that Lagos State loses about N4 trillion yearly as a...

We Owe CBN More Than N4trn, Says AMCON         The Asset Management Corporation of Nigeria has said it owes the Central Bank of Nigeria more than N4tn. AMCON was established by the Federal Government in 2010 to buy bad debts from banks and ensure stability in the...

FIRS Targets N4trn Tax From Oil, Gas Companies   The Federal Inland Revenue Service (FIRS) expects to rake in N4 trillion as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year. A statement from the agency said the Executive Chairman of...

FIRS Generated N4trn In 9 Months — Fowler   The Federal Inland Revenue Service on Thursday said it collected the sum of N4.01tn in the first nine months of this year. The Executive Chairman, FIRS, Mr Babatunde Fowler, gave the figure during a meeting with the Senate...

Fuel Subsidies, Others Costing FG N4trn - AAC Boss   The Executive Vice Chairman, Alpha African Advisory, Mr. Mustafa Chike-Obi, has said subsidies on fuel, foreign exchange and electricity are costing the Federal Government about N4 trillion. He said government must remove certain subsidies if it...