FG Spent 72% Of Revenue On Debt Servicing       The Federal Government made a total of N3.25tn in 2020, according to a review of the budget performance of the 2020 Appropriation Act. The review also showed that the Federal Government spent a total of N2.34tn on debt...

FIRS Generates More Revenue With Adoption Of Technology, Says Nami       The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that the adoption of technology in tax collection is attracting more income to the service through its TaxProMax. Nami in a statement yesterday by...

Mining Cadastral Office Generates N2bn Revenue In Six Months       The Nigeria Mining Cadastral Office (MCO) said it has surpassed its 2021 revenue projection just within the first half of the year as it generated N2.016 billion. The Director General/Chief Executive Officer of MCO, Engr. Obadiah Simon...

Apapa Customs Generate N336bn Revenue In Six Months     The Apapa Command of Nigeria Customs Service (NCS) has collected a total of N336 billion for the first half of the year. The Command also recorded N272.3 billion worth of goods in export in the same period. The...

In Five Months, NNPC Rakes In N1.088trn Revenue       The Nigerian National Petroleum Corporation (NNPC) made a total revenue of N1.088.88 trillion in the first five months of 2021, a Federation Account Allocation Committee (FAAC) document detailing its operations for the period has shown. The figure is...

Shipment: FG Loses N5bn Revenue To Importers Through Wrong Declaration     The federal government has been advised to return the Standard Organization of Nigeria, (SON) to the ports in a bid to ascertain the difference between raw materials and finished goods imported into the country under...