In Five Months, NNPC Records 63% FAAC Remittance Shortfall       The statutory payments made by the Nigerian National Petroleum Corporation (NNPC) to the Federation Account, a joint pool operated by the local, state and federal governments, declined by over 63 per cent in the first five...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

FG Suffers N1.01trn Revenue Shortfall   The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn in the first quarter of this year. The drop in revenue, according to documents obtained by thewhistler.ng from the Budget Office...

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...

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...

NERC Records Power Sector Shortfall As N112bn In Q1 The Nigerian Electricity Regulatory Commission (NERC) has put the total financial shortfall recorded by Nigeria’s Electricity Market within the first quarter of 2018 at n112 billion. The NERC said in its first quarter (Q1) 2018 operational report...