N10/litre Excise Duty’ll Hurt Output, Revenues - MAN
The introduction of excise duty of N10/liter on non-alcoholic, carbonated and sweetened beverages by the Federal Government will likely cause a 0.43 per cent contraction in output and about 40 per cent drop in total industry revenues...
Our Debts'll Keep Rising, Revenues Declining – Fed Govt
The Federal Government has said it plans to borrow more to fund its budget for 2022, while it will spend more to service the growing debts as a result.
The Ministry of Finance, Budget and National Planning,...
Debt Servicing Consuming Nigeria’s Revenues - LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise the infrastructure sector by breaking government monopoly and securitize corporate assets via public offerings to attract investment.
According to an official statement released...
Fuel Marketing Companies' Revenue Decline By N331.54bn
Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 pandemic.
The companies, including Total Nigeria Plc and Conoil Plc, saw their combined revenue...
COVID-19: $601m Airlines’ Revenue Blocked In 17 African Countries
The International Air Transport Association (IATA) has expressed worry over the trapping of $601 million airlines’revenue blocked in 17 African countries since the onset of COVID -19 over a year ago.
Blocked funds are owed to airlines...
Finally, FG To Deploy Revenue Directors To Lucrative Agencies
Pressured by dwindling revenues and heavy debt burden, the Federal Government on Tuesday moved to boost its resources by directly taking over control of revenue management of its 10 most lucrative enterprises.
The 10 government-owned enterprises (GOE)...
