Oil, Gas Export Revenue Dipped By $2.23bn In 2020 – NNPC       The total revenue generated by the Nigerian National Petroleum Corporation from crude oil and gas exports plunged by 45.98 per cent last year amid the COVID-19 induced collapse in price and demand. Nigeria’s revenue from...

Fed Govt Recorded N485.51bn Fiscal Deficit In January – CBN       The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of Nigeria have shown. to the monthly economic report for January released by the CBN on Friday, the low revenue performance...

FG Targets N7bn Annual Tax Revenue From Solar     The federal government has highlighted some of the secondary benefits of the N140 billion solar power programme that is aimed at providing electricity to 25 million Nigerians through off-grid connections to five million homes. The Minister of Power,...

Customs Generate N46.85bn In Q1, 2021     The Ports and Terminal Multiservices Limited Command of Nigeria Customs Service has recorded N46.85bn as total revenue collection for the first quarter of 2021. According to a statement signed by the spokesman of the command, Muhammad Yakubu, the command collected...

Customs Target N1.4trn Revenue As House Insists On N1.68trn       The House of Representatives Committee on Customs has retained N1.68 trillion as proposed projected revenue in the Nigeria Customs Service (NCS) 2021 budget. This came after the request by the NCS Comptroller General (CG), Col. Hameed Ali...

Revenue Generation From NLNG Now $114bn - Buhari       President Muhammadu Buhari, on Monday, said the Nigeria Liquefied Petroleum Natural Gas company has generated $114bn revenues for the country. He disclosed this at the Nigeria International Petroleum Summit 2021 Pre-Summit Conference and official inauguration of the Decade...