Diversification On Course, N3.3trn Revenue Collected From Non-oil Sector In 2021 - FIRS Boss
The Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that the diversification efforts of the present federal government is yielding desired results.
Speaking at the ‘Public Presentation And Breakdown...
Non-oil Sector Driving Nigerian Economy, Says Finance Minister
The Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, has said the Nigerian economy is currently being driven by the non-oil sector.
Ahmed said this when she led officials of her ministry to hold a meeting...
Non-Oil Sector Boosts GDP Rise To 1.81% In Q3
Nigeria’s Gross Domestic Product (GDP) growth rate increased to 1.81% (year-on-year) in real terms in the third quarter of the year (Q3, 2018) compared to 1.50 per cent recorded in the preceding quarter, the National Bureau...
To Support Non-Oil Sector, Stakeholders Canvass Efficient Commodity Exchange
Capital market stakeholders have called for concerted efforts towards establishing a functional commodities exchange in Nigeria, stating that this would support the non-oil sector to become a major export earner for the country.
Commodities referred to as...
Nigeria sees no need to apply for an International Monetary Fund programme, Finance Minister Kemi Adeosun has said.
Adeosun also told CNBC that non-oil revenues were improving while the government was fine-tuning an economic reform programme.
REUTERS
There is no doubt that Nigeria has acquired for herself an acronym of mono-product economy following her over-dependence on oil sector which been responsible for over 70 per cent of government income and over 95% of export earnings. Agriculture, which was before now, the...
