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Tag "non-oil revenue"

FEC approves reforms to increase non-oil revenue by N3.8trn annually

    FEC approves reforms to increase non-oil revenue by N3.8trn annually

The federal executive council (FEC) has approved reforms to increase Nigeria’s non-oil revenue by N3.8 trillion and oil revenue by N160 billion annually. FEC gave the approval on Wednesday in

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FIRS: We generated N6.4trn revenue in 2021

    FIRS: We generated N6.4trn revenue in 2021

The Federal Inland Revenue Service (FIRS) says it raked N6.4 trillion as revenue in 2021. Johannes Oluwatobi Wojuola, special assistant on media and communication to the chairman of FIRS, said

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ANALYSIS: Non-oil revenue could surpass petrodollars in 2018 — first time since 1973

    ANALYSIS: Non-oil revenue could surpass petrodollars in 2018 — first time since 1973

Nigeria’s dependence on oil revenue to fund its budget may finally be coming to an end as the federal government expects to earn nearly 63% of its income from non-oil

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