Tin Can Customs Generates N346bn Revenue   The Tin Can Island Port Command of the Nigeria Customs Service (NCS), says it generated N346,508,836,486.54 as revenue in 2019. With this figure, the Command exceeded its 2019 revenue target with an excess of N4,202,755,990.15, representing 101.21 per cent. According...

Electricity: NERC, CBN Move To End Revenue Leakages In Power Market   The Nigerian Electricity Regulatory Commission (NERC) and the Central Bank of Nigeria (CBN) would begin to track payments made by certain categories of electricity consumers in Nigeria to the 11 electricity distribution companies (Discos),...

Dangote Targets $30bn In Revenue, Lauds FG On Agriculture Revolution   President of Dangote Group, Aliko Dangote has projected a turnover of $30 billion for his businesses in the next two years. He said though the company’s annual turnover is about $4 billion now, but with the...

In 2019, Onne Port Customs Recorded N107.3bn Revenue   The Nigeria Customs Service, Area II Command, Onne Port, Rivers State, said on Thursday that it generated total revenue of N107.3bn from duty paid on imported goods in 2019. The Command explained that the amount generated surpassed its...

Oil price: FG Revenue Shrinks As Petrol Subsidy Rises …workers, contractors risk delayed pay   Lower amounts of revenue might be available for sharing by the three tiers of government through the Federation Accounts Allocation Committee (FAAC) in the coming months as the cost borne by the...

Discos’ Yearly Revenue Collection Hits N466bn   Power distribution companies have set a new record of N466bn in their yearly revenue collection, the Association of Nigerian Electricity Distributors has said. ANED, which is the umbrella body for all the Discos, said the revenue collection rose by 10...