Aviation Fuel Sales Revenue Drops By N9.6bn     Amid the recent closure of the nation’s airports, the total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 58.1 per cent in the first half...

Taxes Contributed N500bn To Revenue In June – FIRS     The Federal Inland Revenue Service (FIRS) has said tax revenues contributed at least N500bn to the N696 billion revenue that the three tiers of government shared in June 2020. The Executive Chairman, FIRS, Mr. Muhammad Nami, who...

DisCos’ Revenue Collection Hit N127bn In Q1   Power distribution companies in the country saw their revenue collection rise a record N127bn in the first three months of the year. The Association of Nigerian Electricity Distributors, which disclosed this in a document obtained by our correspondent, said...

We’ve Identified Plans To Generate N18trn Revenue, Says FG     The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between N13tn to N18tn and achieve its 15 per cent revenue to Gross Domestic Product target. It also...

FG Records 65% Deficit In Oil Revenue Projections — Ahmed     The Federal Government on Sunday disclosed that the lingering COVID-19 pandemic on broad sectors of the economy resulted in about 65% decline in projected net revenues from the oil and gas sector in the first...

NNPC Suffers 47% Drop In Petrol Sales Revenue     The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April as supply dropped amid the coronavirus lockdown and the reduction in the pump price of the product. The...