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We Have Have Serious Revenue problem Says Budget Office

We Have Have Serious Revenue problem Says Budget Office   Nigeria is currently facing a serious revenue problem, the Director of Budget in the Ministry of Budget and National Planning, Ben Akabueze, declared on Wednesday. Akabueze also revealed that the Nigerian National Petroleum Corporation was subsidising every...

NISAC’s Establishment Will Provide Jobs, Revenue And Social Security – DG

NISAC’s Establishment Will Provide Jobs, Revenue And Social Security - DG Access to credit facilities, receiving pension benefits, creation of jobs, accrue revenue and an official legislative recognition, are what traders, artisans, government and business-owners, among others, operating as members of the densely-populated informal business...

FG Rejects IMF’s Tax Recommendation

FG Rejects IMF’s Tax Recommendation   In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Zainab disclosed this while addressing Nigerian journalists on the participation...

FG Realised N3.9tn Tax Revenue In 9months

FG Realised N3.9tn Tax Revenue In 9months   The Federal Government realised N3.9tn in tax revenue between January and September this year and this is N1tn higher than the N2.9tn realised in the corresponding period of 2017. The Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, disclosed...

2018 Budget Under Pressure Owing To FG’s Revenue Shortfall

2018 Budget Under Pressure Owing To FG’s Revenue Shortfall There are indications that 2018 budget funding is still under pressure. This is due to the fact that the Federal Government has recorded huge shortfall in revenue collection against budget estimates. The finding was contained in a...

NCAA Gives Foreign Airlines Dec. Deadline For 5% Revenue Automation

NCAA Gives Foreign Airlines Dec. Deadline For 5% Revenue Automation The Nigerian Civil Aviation Authority (NCAA) yesterday ordered foreign airlines to comply with the automated revenue payment platform for the remittance of five per cent Ticket Sales Charge/Cargo Sales Charge (TSC/CSC) on or before December...