07
Jun, Saturday
9°C
Current Location
Tag: revenue
Customs CG proves he doesn’t need a uniform to do his job
The Nigerian Customs Service said it has generated a total revenue of N1.01 trillion in the 2017. The agency said it is its highest revenue ever. Joseph Attah, public relations officer,…
Read More
Twitter’s 280 character limit; 2541 Boko Haram terrorists to be prosecuted | The 5 numbers that mattered this week
2,541 - The Attorney-General of the Federation and Minister of Justice, Abubakar Malami said a special prosecution arrangement has been put in place and trial will commence for this number of suspected…
Read More
FG, states, LGs share N637.7bn in September
The Accountant-General of the Federation, Ahmed Idris, at the end of the monthly Federal Accounts Allocation Committee (FAAC) meeting on Thursday in Abuja, said that the Federal Government, state and…
Read More
We will fund part of 2017 budget with recovered loots – FG
The Federal Government on Monday sais it will use part of the looted funds recovered so far to partly finance the 2017 budget. Minister of Budget and National Planning, Senator…
Read More
NBS releases IGR realised by states
by Omoleye Omoruyi The National Bureau of Statistics (NBS) has released the Internally Generated Revenue (IGR) at State level for January to December 2016. The statistics shows that Lagos State…
Read More
“I feel pained losing revenue from online sales of #AgainstTheRunOfPlay” | Segun Adeniyi reacts to piracy of his newly released book
by Dolapo Adelana Author of 'Against The Run Of Play', Segun Adeniyi has expressed displeasure that his creative work has been hacked online. There were reports on Sunday that hackers…
Read More
Fed Govt, states, local govts share N467.8b for March
The Federation Accounts Allocation Committee (FAAC) on Tuesday shared N467.807 billion among the three tiers of government for March. The Accountant-General of the Federation (AGF), Ahmed Idris said the revenue…
Read More
Lagos generated N287bn revenue in 2016 – Ambode
Lagos State governor, Akinwunmi Ambode on Sunday said the State recorded N287bn IGR in 2016 more than it got in 2015. He said this at a special evening of music…
Read More
Opinion: Lagos state budget 2017 | What the government is not telling us
by Oke Godwin Olaoluwa The Lagos state is in the news again. The state has set a new record, for the highest amount of budget proposal ever prepared by a single…
Read More
“NCC should be reducing tariffs, not increasing it” – Murray-Bruce
Senator Ben Murray-Bruce says the Nigerian Communications Commission (NCC) ought to be reducing tariffs and not increasing it. The "Common sense" senator, who stated this on Wednesday in his Facebook…
Read More
Senate begins probe into revenue of CBN, others
The Senate on Tuesday investigated the remittance and expenditure of internally generated revenue by all revenue generating agencies of the Federal Government. Senator Solomon Adeola had moved a motion titled…
Read More
Opinion: Adopting subscription model for digital marketing agencies in Nigeria
by Segun Adeyemi From individual freelancers to organized corporate firms, there is an increasing number of people and companies that offer digital marketing services such as content marketing, search engine…
Read More
Jason Njoku: Why 50 million naira is a big deal
by Jason Njoku A few weeks back Oo Nwoye told me that Nigerian startup founders (including myself) lacked ambition. That they think once they get to N50 million per year in…
Read More
NLNG assets now worth N5.2trn – MD
The Managing Director, Nigeria Liquefied Natural Gas Limited, Mr. Tony Attah, says the company’s assets are now worth over $13bn (N5.2trn), The Punch reports. This is contained in a statement by the firm,…
Read More
Opinion: That sallah celebration in economic recession
by Shittu Yunus Shittu Before the recent Islamic celebration of Eid-Kabir, many Muslims were quite apprehensive on how they could celebrate the occasion in view of the economic recession in…
Read More
Opinion: Buhari’s elitism leads to economic collapse
by David O. Kuranga As I predicted a year ago the Nigerian economy is officially in a full blown recession, the naira is crashing and is the worst performing currency in…
Read More
The PDP has found Buhari’s sore point and they are hitting it hard
by Isime Esene Fifteen months after taking serious verbal attacks from the Peoples Democratic Party over the perfromance of the economy on Pres. Muhammadu Buhari's watch, the All Progressives Congress…
Read More
‘I pity President Buhari’ – El-Rufai
Kaduna State Governor, Nasir el-Rufai, on Sunday, said that over seventy percent of Nigeria's oil revenue has disappeared under previous administrations without a trace due to corruption. The Governor stated…
Read More
‘States won’t get N90bn loan if Federal Allocation exceeds N500bn’
The Federal Government will cease disbursing the N90 billion conditional loan to state governments any month the allocation from the federation account goes above N500 billion. According to the Special Adviser…
Read More
Lagos state made more money than 32 states in the past year [DETAILS]
The Internal Generated Revenue of Lagos state, which stands at N268 billion, is said to be higher than the combined IGR of 32 states, the Economic Confidential reports. According to…
Read More
NNPC returns N6 billion | FG suffers $45.90 million revenue loss
The Nigeria National Petroleum Corporation (NNPC) has reportedly refunded the sum of #6.330 billion to the federal government, even as the federal goverment suffered a revenue loss of $45.90 million.…
Read More
How NNPC failed to remit $3.8bn, N358.3bn to FG in 2013
A recently released report by the Nigeria Extractive Industries and Transparency Initiative (NEITI) has alleged that the Nigerian National Petroleum Corporation failed to remit $3.8 billion and N358.3 billion to…
Read More
In one photo, an argument that Nigeria is not really a mono-economy
A popular opinion is that Nigeria's economy is a mono economy that is tied directly to the petroleum industry. While this maybe true in terms of revenue earned by the government, this…
Read More
Is Nigeria truly broke? See how much the country made and spent in the past few months
According to the Medium Term Expenditure Framework and Fiscal Strategy Paper (2016-2018) sent by the president to the National Assembly, the Federal Government has spent N3.42tn out of the total N4.493tn spending…
Read More
Import substitution programmes set to kick off over oil prices
by Laila Ibrahim Following the country's dwindling oil revenue, the Federal Government is set to commence comprehensive implementation of import substitution programmes in order to enhance local production of goods…
Read More
@TundeLeye: Nigeria’s oil is drying up, and when it does, this is what will happen (Y!FrontPage)
by Tunde Leye Oil has not been important for a very long time. When we see the behemoth-like companies that are involved in the oil trade worldwide now, and the…
Read More
Theophilus Ilevbare: Why the North’s dependence on oil revenue is festering terrorism
by Theophilus Ilevbare In the most dishonest manner, northern leaders have taken a stand in the face of profoundly disturbing spate of bloodletting; they blame the poverty in the North…
Read More
Opinion: The thin line between out of work and out of hire
by Uzoma Elenwoke Having stated my case, I would want to see our government take a stronger stance on unemployment in our country so that at least the death of…
Read More
Simon Kolawole: A federalism ruined by allocations
by Simon Kolawole Now, how can states become more economically stable and viable? There are two avenues I can think of straightaway. One, solid minerals. The laws are currently skewed…
Read More
Debo Adejugbe: Nigeria’s politics of revenue sharing (Y! Politico)
by Debo Adejugbe How is the present revenue accrued to the various federating units deployed? Has it, in all honesty, led to a better standard of living for the populace?…
Read More
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy