We're Targeting N5.9trn Revenue In 2021 - FIRS Chairman       Chairman, Federal Inland Revenue Service, FIRS, Mohammed Nami yesterday placed their revenue projection for 2021at N5.9 trillion. Nami made the disclosure while meeting with the House of Representatives Committee on Finance led by Hon. James Falake on...

MDAs Failed To Remit N1trn Revenue - FRC     Ministries, departments and agencies of the Federal Government are in deficit of over N1tn to the Consolidated Revenue Fund, the Fiscal Responsibility Commission announced on Wednesday. It also announced that the FRC and the Independent Corrupt Practices and...

FG Plans N493.4bn Revenue From National Assets’ Sale       The Federal Government plans to earn a total of N493.4bn from the sale or concession of about 36 of its assets across the country. Some the assets up for sale or concession include the country’s refineries, the International...

Aviation Fuel Revenue Falls By N20.03bn       The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 57.99 per cent in 2020, compared with 2019. Last year, the nation’s airports were closed on March...

Smugglers, Bandits Hindering Revenue Generation – Customs         Officials of the Zone B, Nigeria Customs Service (NCS) has said their operations are being hindered by banditry and smuggling in the zone, which has affected the revenue generation. The Acting Zonal Coordinator of Zone B, Aminu Abba disclosed...

Company Income Tax Decline By N120.29bn       Total revenue from Company Income Tax dropped by N120.29bn in the fourth quarter of 2020. The National Bureau of Statistics disclosed this in its report on ‘Company Income Tax by sector’ which was released on Wednesday. Part of the report read,...