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MMIA: How FAAN’s N40m monthly toll revenue killed Lagos airports monorail project

MMIA: How FAAN’s N40m monthly toll revenue killed Lagos airports monorail project

Unlike its peers in developed and even developing economies, FAAN has turned deaf ears to calls and proposals for a monorail to link the three terminals Louis Ibah Homecoming for passengers arriving the international terminal of the Murtala Muhammed International Airport (MMIA), Lagos, from abroad ought to be a pleasurable experience especially during Christmas. Why […]
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FAAC: Customs remits N653.47bn into federation account

FAAC: Customs remits N653.47bn into federation account

FAAC, headed by the Minister of Finance Mrs Zainab Ahmed, comprises Commissioners of Finance from the 36 States of the federation Uche Usim, Abuja The Nigeria Customs Service (NCS), remitted a total of N653.47 billion between January and November this year. NCS generates N100bn revenue monthly –Ali Details of the revenue flow are contained in […]
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Oil and gas sector generated $17.05 bn in 2016 – NEITI

Oil and gas sector generated $17.05 bn in 2016 – NEITI

According to the NEITI 2016 Oil and Gas Industry Audit Report, the plunge in revenue in 2016 resulted from low oil prices in the global market and reduced oil production in Nigeria. Uche Usim, Abuja The oil and gas sector of the Nigerian economy generated $17.05 in 2016, the latest report of the Nigeria Extractive […]
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FG moves to end revenue diversion by key MDAs

Angered by the deliberate refusal of many high revenue-generating agencies to remit the bulk of their income to the coffers of the federal government, the Presidency has ordered a major reorganization of the budgeting and remitting processes by no fewer than 30 of its departments and agencies.
Continue reading FG moves to end revenue diversion by key MDAs at Vanguard News Nigeria. …

Lagos ’ll rake in N1bn monthly from Consumption Tax – Subair, LIRS boss

‘The Queen Of Ife Did Not Step On Blood’- Femi Branch Defends Controversial Marital Rites Of Ife Palace

“With the introduction of ERA, Lagos State is expected to generate, internally, between N800m and N1b every month on Consumption Tax.” Bimbola Oyesola In recent times, Lagos State government, with passion for economic empowerment, has initiated several tax reforms in order to meet up the expectation of its citizens. According to the Chairman of Lagos […]
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We must increase our revenue generation – Udoma

We must increase our revenue generation – Udoma

NAN The Minister of Budget and National Planning, Sen. Udoma Udo Udoma,  has emphasised the need for the country to increase its revenue generation. Udoma made the call during the Public Consultation on the 2019-2021 Medium Term Fiscal Framework and Strategy Forum on Thursday in Abuja. He said it was important for the country to […]
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World Egg Day: Nigeria generates N3.4b from daily egg consumption – PAN

World Egg Day: Nigeria generates N3.4b from daily egg consumption – PAN

A nutritionist, Mrs. Sarah Abagai, appealed to egg consumers to ensure that the produce is sufficiently cooked to avoid health complications Okwe Obi, Abuja As Nigeria celebrates World Egg Day, Poultry Association of Nigeria (PAN) has disclosed that the country could generate over N3.4 billion from daily egg consumption if government could increase its support. […]
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