Wale Edun, minister of finance and coordinating minister for the economy, says the hike in inflation rate is a result of eight years of printing naira not backed by production.
Tag "non-oil revenue"
Oluwatoyin Madein, accountant-general of the federation, says the nation’s non-oil revenue has “tremendously” improved. Madein spoke on Tuesday at an interactive session organised by the house of representatives committee on
The Federal Inland Revenue Service (FIRS) says it generated N5.5 trillion as tax revenue in the first half of 2023. In a statement on Thursday, Johannes Oluwatobi Wojuola, special assistant on
On Monday, January 23, 2023, the Lekki deep seaport was inaugurated by President Muhammadu Buhari after its completion late last year. This seaport, said to be the deepest in sub-Saharan
The Central Bank of Nigeria (CBN) says the country generated N799.10 billion from oil sector in the first quarter of
The Central Bank of Nigeria (CBN) says Nigeria must build a broad-based and well-diversified economy that will guarantee overall macroeconomic stability.
The federal executive council (FEC) has approved reforms to increase Nigeria’s non-oil revenue by N3.8 trillion and oil revenue by
The Federal Inland Revenue Service (FIRS) says it raked N6.4 trillion as revenue in 2021. Johannes Oluwatobi Wojuola, special assistant
Nigeria’s dependence on oil revenue to fund its budget may finally be coming to an end as the federal government
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