Tag: revenue

Sabotage of oil pipelines also led to reduced oil production.

Comptroller-General Hameed Ali made this known during a strategy meeting with Customs Area Controllers

The amount realised in January 2016 is N349.07 million.

Oil price rose to $57.01 per barrel on Monday.

The removal of the chairman was sequel to the adoption of a White Paper, an official said.

More offices are in the process of repaying back to the government.

The figure Is N34 million lower than the N942 million revenue recorded in October.

A government audit found that 33 agencies failed to pay N450 billion in five years.

Government offices routinely refuse to remit money to the federation account.

“People believe that payment of tax is a burden and I’ll repeat that you only pay tax on income and ...

The commission said there were advantages and disadvantages in the proposals.

“Even when we install meters in homes, about 90 per cent of the meters are usually by-passed."

Government is equally planning to raise about $1 billion through Euro bond capital issue.

This was against the N438.2 billion generated in the same period in 2015.

The NNPC says its suffered huge losses in trying to bridge petroleum products supply gap during the recent fuel crisis.

The balance in Excess Crude Oil Account was $2.261 billion for April.

Customs generally had a revenue shortfall of N230 billion in the last quarter of 2015.

N586.91 billion was remitted to the Federation Account while N390.18 was remitted to non-federation account

Ogun State generates between N5bn and N6bn monthly in taxes.

The governor asked for a 40-40-20 per cent formula. Governor Peter Obi of Anambra has advocated 40-40-20 per cent revenue ...

Spinlet has reached 500,000 users. Digital distribution service, Spinlet, recently hit the 500,000 user mark and plans to begin the ...

The electronic payment system increased the internally generated revenue of Abuja. The Minister of the Federal Capital Territory, FCT, Bala ...

A larger amount, N6.4 billion, was collected in the corresponding period in 2012. The Nigeria Customs Service (NCS) said on ...

Ms. Okonjo-Iweala made the call when she visited FIRS headquarters. The Minister of Finance and Coordinating Minister for the Economy, ...

The revenue was lower than that of March. The Seme Command of the Nigeria Customs Service said it generated N446.6 ...