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NNPC, DPR, FIRS Illegally Deducted N1.5trn From Generated Revenue, Says Auditor-General

NNPC, DPR, FIRS Illegally Deducted N1.5trn From Generated Revenue, Says Auditor-General   Out of the N6.4tn generated by revenue collection agencies in 2017, about N1.5tn was deducted and not remitted into the federation account in violation of the provisions of the Constitution. The Office of the Auditor-General...

IDSL Records N19bn Revenue In 2018

IDSL Records N19bn Revenue In 2018   The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in 2017 to N19.033billion in 2018. This was disclosed by the...

NIMASA Remits N16bn Revenue In Ten Months

NIMASA Remits N16bn Revenue In Ten Months   The Nigerian Maritime Administration and Safety Agency has remitted a total sum of N16bn to the Consolidated Revenue Fund, exceeding the budgeted sum by N4bn. The Director-General, NIMASA, Peterside Dakuku, who made this known in Abuja on Tuesday, said...

e-Customs Will Boost Revenue, Improve National Security – NCS

e-Customs Will Boost Revenue, Improve National Security - NCS   The Nigeria Customs Service (NCS) has resolved to go paperless as parts of concerted moves to increase revenue generation and improve national security. The Public Relations Officer of the Nigeria Customs Service (NCS), Joseph Attah, said the...

Customs Rakes In N1.002trn Revenue In Nine Months

Customs Rakes In N1.002trn Revenue In Nine Months   The Nigeria Customs Service (NCS) has generated revenue of about N1.002 trillion from January to September 2019. The data received by the News Agency of Nigeria (NAN) from the Department of Research and Statistics and confirmed by the...

Nigerian Airlines Lose Revenue On Weather Related Cancellations, Delays

Nigerian Airlines Lose Revenue On Weather Related Cancellations, Delays   Nigerian airlines have lost revenues projected to amount to millions of naira due to flight cancellations, delays and aircraft damage due to bad weather. Airlines said the rainy season this year was relatively longer than in the...