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Tag "Oil Revenue"

Akabueze: Nigeria’s revenue trajectory is positive without oil 

    Akabueze: Nigeria’s revenue trajectory is positive without oil 

Ben Akabueze, director-general, budget office of the federation, says Nigeria is deliberately diversifying in 2022, as oil revenue failed to meet its projected target in 2021. Akabueze said this during

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FAAC: FG, states, LGs share N671bn as allocation in October — down by N68bn

    FAAC: FG, states, LGs share N671bn as allocation in October — down by N68bn

The federation accounts allocation committee (FAAC) shared N671.910 billion among the three tiers of government for October. This figure is down by N68 billion from the allocation distributed in September 2021.

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We need to meet Nigeria’s high expectations, Komolafe tells upstream commission’s management

Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Regulatory Commission (NURC), has asked his management team to double their efforts to increase the country’s oil revenue. Komolafe said

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Edwin Clark: South-south neglected — only APC members benefit from oil revenue

    Edwin Clark: South-south neglected — only APC members benefit from oil revenue

Edwin Clark, Ijaw leader, has alleged that only members of the All Progressives Congress (APC) benefit from crude oil revenue. Speaking with BBC Pidgin on Friday, Clark alleged that the north

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NEITI to launch books on mining impact, management 13% derivation allocation

  NEITI to launch books on mining impact, management 13% derivation allocation

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced plans to launch two publications that have a direct impact on

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REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

  REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

Nigeria made about N85 trillion ($236.2 billion) from oil between 2014 and 2018, the 54th edition of Annual Statistical Bulletin by

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Ghana tipped to become world’s fastest-growing economy

  Ghana tipped to become world’s fastest-growing economy

Ghana is poised to become the fastest growing economy in the world with the recent boost in the nation’s oil

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NNPC ‘exceeds’ 2017 revenue benchmark — despite falling short of first half projections

  NNPC ‘exceeds’ 2017 revenue benchmark — despite falling short of first half projections

The Nigerian National Petroleum Corporation (NNPC) says oil revenue has exceeded 2017 projections by 18 percent despite a shortfall of

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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

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How FG plans to fund N3.52trn deficit in 2018 budget

  How FG plans to fund N3.52trn deficit in 2018 budget

The federal government plans to finance the N3.52 trillion deficit in the 2018 budget with revenue from crude oil sales

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