Revenue: Manufacturers Suffer N30bn Decline In 3Months Despite positive growth in the economy since the nation exited recession, the manufacturing sector has yet to experience a boom. The manufacturing sector recorded a decline of about N30bn in output in the first quarter of this year, figures...

Aggressive Tax Policies Increased Revenue By 51% In 2017 Says Osinbajo   Prof. Yemi Osinbajo, Nigeria Vice President, on Thursday said that the country’s tax revenue has increased to 51 per cent in 2017. Osinbajo made the disclosure at the FT Nigeria Summit on “Dispelling Uncertainty...

Kwara Revenue Agency Generates N7.7bn In Four Months   The chairman of the Kwara State Internal Revenue Service (KWIRS), Dr. Murtala Awodun has disclosed that the agency generated the sum of N7.7bn between January and April this year. The KWIRS chairman disclosed this in Ilorin at the...

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,...