Revenue From Train Services Jumped to N4bn in 1 year – NBS
The Nigerian Railway Corporation (NRC) says it generated N6.08 billion revenue from passengers, cargo and other services in 2021. The ...
Tag: Revenue
Debt Servicing May Gulp 100% Of FG’s Revenue By 2026, IMF Warns
The International Monetary Fund has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by ...
Debt Servicing: Nigeria spends 86% of its Revenue, South Africa pays 20%
…Analysts say Nigeria’s debt too expensive Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but ...
Nigeria Records N1trn Revenue From Privatisation
Nigeria has earned at least N1 trillion as proceeds of privatisation and commercialisation of government-owned enterprises by the defunct Technical ...
Customs, Immigration Alarms as Nigeria Records Sharp Revenue Losses
The Senate, yesterday, tasked revenue-generating agencies to make N3 trillion yearly to reduce Federal Government’s borrowings and deficits in the ...
FG To Spend 2022 Revenue On Debt Servicing
August&Co, a global research and credit rating institution, estimates that Nigeria will incur N4.7 trillion on debt servicing this year. ...
Lagos Demands 1% In Revised Revenue Allocation Formula
The Governor of Kano state declared that due to the size of Lagos and Kano states, both states are demanding ...
FIRS Gained N4.2trn Revenue Between January and September 2021
The Federal Inland Revenue Service (FIRS) has revealed that it generated revenue of N4.2 trillion between January and September 2021 ...
North-Central Stakeholders Seek 35% Revenue Allocation Review
North Central stakeholders have proposed a 39:35:26% revenue sharing formula for the three tiers of government in the country. This ...
Lagos Calls For Review of Revenue Sharing Formula
The Lagos State Government has called for a review of the revenue allocation formula, saying the one currently operating in ...
