Nigeria’s ability to compete in global markets could improve significantly if the country boosts oil production and implements strategic exchange rate reforms, according to Samson Esemuede,…
Browsing: revenue
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to modernising Nigeria’s revenue generation by integrating cutting-edge technology into its operations. At the…
The Nigeria Customs Service (NCS), Area 2 Command in Onne, Rivers State, has announced a record-breaking revenue of N643 billion for 2024, surpassing its annual target…
The Nigerian government at the federal level, states, and local government councils have received a total of N1.727 trillion, according to the November 2024 Federation Accounts…
A total of ₦1.411 trillion, representing the October 2024 Federation Accounts Revenue, has been distributed among the Nigerian government’s three tiers. In a statement released on…
The International Monetary Fund (IMF) has highlighted Nigeria’s heavy debt-servicing obligations, urging the country to adopt innovative revenue mobilisation strategies to alleviate financial strain. Davide Furceri,…
Nigeria’s Minister of Finance, Wale Edun, has stated that the country is spending its increased revenue on social investments, including providing cash transfers to its citizens.…
Nigeria’s Minister of Transportation, Senator Said Ahmed Alkali, has revealed that the nation’s railway system has the potential to overtake the oil sector as the country’s…
According to the National Bureau of Statistics (NBS), the total value of domestic products traded in the second quarter of 2024 reached ₦31,892.46 billion. This marks…
The House of Representatives Public Accounts Committee has directed the Joint Admission and Matriculation Board (JAMB) to remit N3,602,605,277 to the federal government’s Consolidated Revenue Fund…