SNEPCo Paid N366bn Revenue To FG In 2018 Shell Nigeria Exploration and Production Company Limited said it paid N366bn in 2018 as revenue to the Federal Government from its exploration activities. The Managing Director, SNEPCo, Mr Bayo Ojulari, said the company also made a statutory payment...

Kwara Revenue Agency Generates N6.279bn In Q1   The Kwara State Internal Revenue Service (KWIRS) said it recorded a total sum of N6.279bn as revenue generated in the first quarter (Q1) of 2019. The executive chairman of the revenue agency, Prof. Murtala Awodun disclosed this in Ilorin,...

FAAN Forecasts N101.6bn Revenue In 2019 The Federal Aviation Authority of Nigeria has said it remitted a total sum of N1,778,611,364 to the Consolidated Revenue Fund in 2018 while having a revenue target of N101,673,038.972. The Managing Director, FAAN, Mr Saleh Dunoma, made this known in...

FIRS Targets N8trn Revenue In 2019 The Federal Inland Revenue Service has given itself a target to generate N8trn revenue in 2019. As such, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The Chairman, FIRS, Mr Tunde Fowler,...

Don’t Make NCAA Revenue Generating Institution, Experts Warn FG Airline operators and industry experts have warned that air safety would be jeopardised if the Nigerian Civil Aviation Authority (NCAA), which regulates the industry is recognised by the federal government as a revenue generating agency. Since...

Power Sector Losses N487bn Revenue In 11months Data from the Office of Vice President, Prof. Yemi Osinabajo, indicated that between January 1 and November 30, 2018, Nigeria’s privatised power sector lost a total of N487bn revenues due to constraints which included shortage of gas; grid...