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Sokoto Abolishes Cash Payment Of Revenue, Tax

Sokoto Abolishes Cash Payment Of Revenue, Tax   The Sokoto State Government has said the payment of tax or any form of state revenue by cash will no longer be tolerated. Governor Aminu Tambuwal stated this at the stakeholders’ sensitisation on Sokoto State Revenue Integration and Consolidation...

Auditor General, ICPC To Probe Revenue Leakages In FIRS

Auditor General, ICPC To Probe Revenue Leakages In FIRS   The Office of the Auditor General for the Federation and the Independent Corrupt Practices and Other Related Offences Commission will jointly audit the revenue generating agencies including the Federal Inland Revenue Service. The move is aimed at...

30% Of Banking Revenues Come From Digital Payment

30% Of Banking Revenues Come From Digital Payment   About 30 per cent of banking revenues are said to be coming from the various digital platforms made available to customers. This was disclosed by the Managing Director and Chief Executive Officer, Guaranty Trust Bank (GTB) Plc, Segun...

Discos’ Revenue Collection Rises To N473bn

Discos’ Revenue Collection Rises To N473bn   The revenue collected by power distribution companies (Discos) in the county hit a new record high of N473bn in 2019. The revenue collection in 2019 rose by N35bn or eight per cent, compared to that of 2018, a report obtained...

Increased Revenue Is Needed To Service Loans, Others – DMO

Increased Revenue Is Needed To Service Loans, Others – DMO   The Director-General, Debt Management Office, Mrs Patience Oniha, has said that borrowing is necessary to finance capital projects but the major challenge the country has is the level of revenue it is generating. She said this...

Onne Port Customs Targets N140.2bn Revenue In 2020

Onne Port Customs Targets N140.2bn Revenue In 2020   The Nigeria Customs Service, Onne Port, declared on Wednesday that it must achieve or surpass its revenue target of N140.2bn for the year 2020. This is as stakeholders in port operations called on Customs to acquire scanners that...