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NIMASA Generated Over N108bn Revenue In Four Years

NIMASA Generated Over N108bn Revenue In Four Years   The Nigerian Maritime Administration and Safety Agency (NIMASA) generated over N108 billion revenue in the last four years. Addressing reporters in Lagos at the weekend, its Director General, Dr Bashir Jamoh said the agency generated over N31 billion...

FAAN Targets 30% Revenue Increase

FAAN Targets 30% Revenue Increase   The Managing Director, Federal Airports Authority of Nigeria (FAAN) Captain Rabiu Hamisu Yadudu has said the authority will grow its revenue by 30 per cent by the second quarter of the year. Part of the strategy to achieve this new move,...

Fed Govt To Spend 94% Of 2022 Revenue On Debt Servicing – Report

Fed Govt To Spend 94% Of 2022 Revenue On Debt Servicing - Report   August&Co, a global research and credit rating institution, estimates that Nigeria will incur N4.7 trillion on debt serving this year. The amount is 94 per cent of its N5 trillion revenue projection for...

Nigeria Loses N585bn Annual Leather Revenue To Other Countries

Nigeria Loses N585bn Annual Leather Revenue To Other Countries   Nigeria loses at least N585 billion of yearly leather product revenue to other countries, an estimated 90 per cent of the N650bn revenue stream, the Minister of State for Science, Technology and Innovation, Barrister Mohammed Abdullahi,...

Buhari, Experts Disagree On Borrowings As Debt Servicing Gulps 76% Of Revenue

Buhari, Experts Disagree On Borrowings As Debt Servicing Gulps 76% Of Revenue   The Federal Government on Wednesday disclosed that it spent N4.2tn on debt servicing between January and November 2021. This sum represents 76.2 per cent of the N5.51tn revenue generated during the period under review. The...

Customs Generate N2.5trn Revenue In 11 Months

Customs Generate N2.5trn Revenue In 11 Months   The Nigeria Customs Service (NCS) generated over N2.5 trillion revenue between January and November this year. NCS National Public Relation Officer, Timi Bomadi said, the agency was given N1.679 trillion revenue target for this year, based on its last...