In 30 Days, Apapa Customs Records N86bn Revenue     The Apapa Area Command of the Nigerian Customs Service (NCS), says it has collected a total of N86.023 billion as revenue for October 2021 despite initial glitches which tended to slow down its operations. It said the tempo...

Customs Target N2trn Annual Revenue   The Nigeria Customs Services is planning to generate N2tn this year and about N1.6tn of this amount is expected to be made from the South-West geopolitical zone. According to a report, the NCS generates about 80 per cent of its annual...

Why Debt Service To Revenue Ratio Is High – Fed Govt   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has blamed Nigeria’s high debt service to revenue ratio on the large expenditure base of the country. Ahmed, in an interview with Bloomberg on...

Nigeria’s Debt Service To Revenue High – AfDB President   President of the African Development Bank (AfDB), Akinwumi Adesina has said Nigeria’s debt service to revenue ratio is high. Adesina who made the disclosure yesterday at the opening of a two-day mid-term ministerial performance review retreat in...

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...

Debt Servicing Cost Rises To N2.9trn, Gulps 74% Of Revenue — FG   The Federal Government has said that it spent N2.89tn on debt servicing between January and August. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown...