The federation account allocation committee (FAAC) says it shared N802.407 billion among the three tiers of government in June 2022. The figure represents an increase of N121.624 compared to last month’s
Tag "Revenue"
Flour Mills of Nigeria (FMN) has recorded an annual revenue increase of 51 per cent across all business segments. The company’s audited financial statement for the year ended March 31,
The Nigeria Extractive Industries Transparency Initiative (NEITI) says revenue from the oil and gas sector amounted to $394.02 billion from 2011 to 2020. NEITI disclosed this in its oil and
Dangote Sugar Refinery says it recorded N276.50 billion in revenue in 2021 — up by 28.8 percent from N214.30 billion recorded in 2020. According to the company, a gross profit
The Anambra state government says it generated N1.3 billion revenue deficit from January to October 2021. This is 28 percent
BY ABIODUN OWOLEGBON-RAJI On October 7th, President Muhammadu Buhari unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022,
The federal government expended $1.302 billion on debt servicing in the first half of 2021 (January and June 2021). The
BudgIT, a civic-tech organisation for transparency and accountability, has launched the 2021 edition of its annual States of States report.
Value-added tax is a consumption tax payable when goods are purchased and services are rendered. It is governed by the
BY SANI DANAUDI MOHAMMED The current VAT struggle between the federal government and two states in the south, Rivers and
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