Browsing Tag

Revenue

IGR: Lagos, Rivers and FCT generate highest revenue – NBS


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The National Bureau of Statistics (NBS) says the 36 States of the Federation and the FCT, generated over one trillion - "a total sum of N1,925,612,626,650.76" as Internally Generated Revenue, (IGR) in the year 2022. This grew by 1.57%…

Nigeria Customs Service branch generates over N47bn in seven months


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The Murtala Muhammed Airport, MMA Command of the Nigeria Customs Service says it generated Forty seven Billion, Two hundred and forty nine million, Seven hundred and eighty five thousand, Twenty Naira and forty five kobo…

Telecom Operators in Nigeria Record N3.8trn Total Revenue


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Telecommunication operators in Nigeria haveĀ  recorded a total revenue of N3.8 trillion in 2022, the Nigerian Communications Commission (NCC) has said. This represents an increase of 18.7 percent when compared to N3.2 trillion recorded in…

63 MDAs to stop direct revenue collection – Presidential Tax Committee


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The Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue, the Presidential Committee on Tax Policy and Fiscal Reforms has said. The Chairman of…

Nigeria’s Mining Cadastre Office Generates N18bn Revenue


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The Director-General of Nigeria Mining Cadastre Office (MCO), Mr Obadiah Nkon, says the office increased revenue generation to about N18 billion from 2019 to May 2023. …

Nigeria’s Company Income Tax Revenue Slumps by 14.96%


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Company Income Tax collections in the first quarter of 2023 in Nigeria decreased by 14.96 percent from Q1, 2022, on a year-on-year basis, the National Bureau of Statistics has said. Company Income Tax (CIT) for first quarter of…

FCTA plans to exceed revenue target for 2023


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The Nigerian Federal Capital Territory Administration (FCTA) has restated its commitment to generating more revenue into government coffers to surpass its targeted revenue projection for the 2023 fiscal year. FCT Permanent Secretary,…

Kogi State Internal Revenue Service Sets N2bn Monthly Target In 2023


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The Acting Executive Chairman of Kogi State Internal Revenue Service, Alhaji Sule Salihu Enehe, says the service has set a monthly revenue target of two billion naira in a bid to increase the revenue profile of the state through internally…

Anambra state commences digital tax collection process


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Anambra State Government, South East Nigeria, has commenced digital tax collection processes to close illegal channels through which citizens are robbed of their earnings in the guise of tax. The Chief Executive Officer of…

Nigeria cinemas generate N495m as revenue for September


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The National President of Cinema Exhibitors Association of Nigeria (CEAN), Mr Ope Ajayi, says it realised N495m from ticket sales across cinemas in the country in the month of September. He made this known in an interview…