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...

Federally Collected Revenue Rose By 8.9% In Q3 - CBN   The nation’s federally collected revenue for the third quarter of this year rose by 8.9% to N2.52tn, compared to the previous quarter, the Central Bank of Nigeria has said. The CBN, in its economic report for...

Constant Revenue Shortfall Affects Nigeria   Nigeria’s debt profile, expectedly, would notch up by $2.93 billion by the end of this week, with a mix of increased costs, courtesy of the ongoing Eurobond debt offering, which government earmarked for capital projects in the 2018 fiscal plan.This...

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism   The Chartered Institute of Taxation of Nigeria (CITN), like other global organisations, has lent its voice to the growing optimism that tax remains the most sustainable source of revenue for government to fund development projects.Backing its...