FAAC: FG, States, LGs Share N701b   Federal, states and local governments have shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said. Isa-Dutse told newsmen that the amounts shared were the outcome of Federal Account Allocation...

Maritime Stakeholders Lose $4bn Revenue Annually Stakeholders in the maritime sector have lamented that the Federal Government loses a whopping $4 billion annually due to the absence of a Disbursement Account (DA) for shipping agents. The stakeholders opined that if the government operated a dedicated account,...

NIRSAL Aims At N135bn Revenue For Farmers   The Nigeria Incentive-Based Risk Sharing for Agriculture Lending has unveiled plans to assist farmers generate gross revenue of N135bn this year through the Anchor Borrowers Programme of the Central Bank of Nigeria. The Managing Director, NIRSAL, Mr. Aliyu Abdulhameed,...

MTN Data Revenue Increases By 73%   MTN Nigeria Communications Limited has announced a year-on-year increase of 73.2 per cent in revenue from data services for the first quarter of this year. A statement issued by Public Relations and Protocol Manager, Mr. Funso Aina, on Thursday said...

FRC: In One Year Govt Collected N5tn Revenue   Nigeria’s federally collected revenues for 2016 amounted to N5.04tn, the Fiscal Responsibility Commission has said. The FRC, which stated this in its analysis of the 2016 budget performance, also indicated that a total of N242.72bn was paid into...

Tincan Island Customs Targets N354 billion Revenue In 2018   The Nigeria Customs Service, Tin Can Island Port command, has unveiled its strategic plans to meet its revenue target of N354 billion in 2018. Controller of the command, Comptroller Muhammed Baba who made this commitment during...