Eight Oil-producing States Received N6trn In 11 Years — Report       Eight oil-producing states received N6.589 trillion from the Federation Account under the 13 per cent derivation principle, between 2009 and 2019, with little or no impact on the lives of citizens of the states, according...

Nigeria Will Borrow N6trn In 2021 – Ahmed       The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38tn by December 2021. Ahmed said this on Tuesday in her presentation to the Senate Committee on Local and Foreign...

Telecoms Sector Contributes N6trn To GDP Quarterly, NCC Says   Nigeria’s telecommunications sector contributes over N6tn to the country’s Gross Domestic Product in each quarter of every year, the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Dambatta, has said. He said this on Tuesday...

Nigeria Loses N6trn Yearly To Apapa Gridlock, NECA Says   A survey conducted by the organized private sector has revealed that Nigeria losses about N3.06 trillion, on non-oil export, and about N2.5 trillion earnings annually across the different sectors of the economy due to Apapa gridlock. According...

‘Small Arms Commission Can Generate N6trn Yearly’ The Director-General, National Task Force and President of Importers Association of Nigeria, Mr Emmanuel Okereke, has said that the National Commission for Prohibited Imported Items, Small Arms and Light Weapons and other Related Offences, when established by law,...

In 9 Months, FG, States, LGs Got Over N6trn   Revenue disbursements by the Federation Account Allocation Committee to the three tiers of the government hit N6trn in the third quarter of 2018. There has been a steady increase in the first three quarters of this year...