By Aluta News Aug 10, 2021 Nigeria recorded an increase of N15.86 billion Value Added Tax (VAT) revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2. This is contained in the National Bureau of Statistics’ (NBS) “Sectoral Distribution of VAT Data for Q2, 2021’’,Continue Reading
By Aluta News Aug 8, 2021 The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to N535.61 billion. The Corporation disclosed this in its Monthly Financial and Operations Report (MFOR) for the month of April 2021 released in Abuja, onContinue Reading
By Aluta News Aug 8, 2021 Dr Chinyere Almona, Director-General, Lagos Chamber of Commerce and Industry (LCCI) has charged the Federal Government to value and utilise its assets to generate more revenue for the country and increase foreign exchange inflows. Almona gave the advice in a statement on Sunday, sayingContinue Reading
By Aluta News July 7, 2021 The Federal Inland Revenue Service (FIRS) says it has generated N650 billion revenue in June. The Director, Communications and Liaison Department, FIRS, Mr Abdullahi Ahmad, disclosed this in a statement in Abuja on Wednesday. Ahmad said that this was the highest revenue realised inContinue Reading
By Aluta News June 24, 2021 The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has stressed the need to generate more revenue from the non-oil sector to sustain the country’s economy. Chairman of the Commission, Chief Elias Mbam, said this when the Chief Executive Officer of Nigeria Exchange Commodities, MrsContinue Reading
By Aluta News June 9, 2021 The Nigeria Export Promotion Council (NEPC) says with the implementation of One-State-One-Product (OSOP) initiative by the Federal Government, it will exceed 30 billion dollars revenue generation through non-oil exports by 2025. Mrs Pauline Ndulaka, Deputy Director of NEPC said this during a one-day workshopContinue Reading
