Tag: Revenue

People will pay tax if govt. provides commensurate infrastructure, services — Institute

Arowobusoye Samuel- December 23, 2018

The Chartered Institute of Taxation of Nigeria (CITN), said that more Nigerians would pay their taxes if only government would leave up to its responsibility ... Read More

FAAC Disbursements Increases by 25% – NEITI

Henry Solomon- February 21, 2018

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday in Abuja said the Federation Account Allocation Committee (FAAC) disbursements increased by 25 per cent in ... Read More

Seme Generates N546m for The Month of January, 2018

AMT Tanimu- February 19, 2018

Taupyen, Selchang, Lagos: The Seme Command of the Nigerian Customs Service generated the sum of Five Hundred and Forty-Six Million, Eight Hundred and Thirty-Seven Thousand, ... Read More

Senate Set to Investigate Low Remittance by JAMB before 2016

Henry Solomon- January 31, 2018

The Senate, on Wednesday, resolved to investigate the low remittance by the Joint Admissions and Matriculation Board (JAMB) into the federation account before 2016. The ... Read More

Gombe Governor, Dankwambo Inaugurates Board of Directors

Arowobusoye Samuel- January 17, 2018

Gov. Ibrahim Dankwambo of Gombe State has inaugurated Board of Directors of the State Internal Revenue Service (IRS)and the State Investment and Property Development Company ... Read More

BREAKING: Highest Ever Generated Revenue by Any Comptroller General of Customs within a Year

AMT Tanimu- December 21, 2017

The Presidency mandate to Restructure, Reform and Raise revenue (3Rs), Nigeria Customs Service has recorded the highest revenue collection ever, of N1,012,259,006,779.74 with five more ... Read More

Forensic Interim Report of NNPC, Other Revenue Agencies in Nigeria from 2010- 2015

AMT Tanimu- November 24, 2017

Laolu Akande, Abuja: An Ad-Hoc Committee of the National Economic Council has reported back to the Council that a number of revenue-generating agencies may have ... Read More

FG Rolls Out Incentives for Economic Growth

Henry Solomon- November 9, 2017

The Federal Government has developed incentives for the various sector of the economy to accelerate growth, the Minister of State for Labour and Employment, Prof. ... Read More

We are Ready to Pay Customs Duty – Auto-dealers Association

Arowobusoye Samuel- October 23, 2017

The North-West Auto Dealers Association of Nigeria on Monday urged the Federal Government to prevail on the Nigeria Customs Service to register the over 200,000 ... Read More

NCS Seme Command Nets N701 Million In August

Henry Solomon- September 18, 2017

The Nigeria Custom Service, Seme Command, said it collected N701million as revenue for the month of August. A statement released in Badagry on Monday by ... Read More

FAAC Meeting: FG, States, LGs Share N467.8bn In August

Henry Solomon- August 23, 2017

Mrs Kemi Adeosun, Minister of Finance, said on Tuesday that the Federal Government, states and local governments shared N467.8 billion in August. This indicates a ... Read More

NNPC, Shell and Chevron Sign Agreements to Boost FG Revenue by $16 billion

AMT Tanimu- August 3, 2017

Udu Nghamadu, Abuja: Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were ... Read More

Nigeria Loses N7 Trillion To Insecurity In Waterways Annually – Dogara

Henry Solomon- July 17, 2017

The Speaker of the House of Representatives, Hon Yakubu Dogara, has disclosed that Nigeria loses about N7 trillion naira annually to insecurity and revenue leakages ... Read More

Apapa Customs Declares N165bn Revenue Generated at Half Year

Arowobusoye Samuel- July 13, 2017

The Apapa Area Command of the Nigeria Customs Service (NCS) has collected the sum of N165.7 billion as revenue in the first half of 2017. ... Read More

9 Takeaways From Launch of #VAIDS at the State House

Arowobusoye Samuel- June 29, 2017

1. The Voluntary Assets and Income Declaration Scheme (VAIDS) will last from July 1, 2017 to March 31, 2018. 2. VAIDS will be supported by ... Read More

Reps. Empowering Maritime Sector To Strengthen Alternative Revenue

AMT Tanimu- May 22, 2017

Speaker of the House of Representatives, Hon Yakubu Dogara, has disclosed that as part of the efforts of the House to improve Nigeria's revenue sources, ... Read More

Seized Items: Customs to Commence Online Auction

Suleiman Idris- April 1, 2017

(VON) The Nigeria Customs Service is to commence online auction of seizures to tax payers with Federal Inland Revenue Service (FIRS). Only tax payers issued ... Read More

Kebbi Govt. Targets N14bn Internally Generated Revenue (IGR) in 2017

Suleiman Idris- March 21, 2017

The Kebbi State Government says Tuesday that it has worked out measure to achieve a N14 billion Internally Generated Revenue (IGR) in 2017. The state ... Read More

Customs Record Shows N9 Billion Generated In Kano/Jigawa In 2016

AMT Tanimu- January 25, 2017

Isa Danbaba, Kano: The Nigeria Customs Service, Kano/Jigawa Area Command in the year 2016 collected and accounted for Eight Billion, Seven Hundred Million, Five Hundred ... Read More

Sokoto, Kebbi and Zamfara Customs Command Surpasses 2016 Revenue Target

AMT Tanimu- January 5, 2017

Adamu Musa, Sokoto: Sokoto/Kebbi/Zamfara Command has collected N2,094,428,602.00 billion naira representing 122.13 percent of the 2016Annual Revenue Target. This represents a surplus of N 379,484,162 ... Read More