Tinubu’s Advisors Unveil Plan to Drive Nigeria’s Economy to $1 Trillion
In an effort to accelerate Nigeria's economic growth, the Policy Advisory Council of President Bola Tinubu's new administration has presented ...
Tag: revenue generation
Federal Government Grants Licenses to NNPCL for Establishment of Crude Export Terminals.
The Nigerian Federal Government has issued licenses to NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd. for ...
FG to Generate N124.26bn Annually from 0.5% Import Tax, Finance Bill 2023 Reveals
The Nigerian Federal Government is projected to generate approximately N124.26bn per year through the implementation of a 0.5% import tax ...
Shocking Revelation: Nigeria’s Tax-to-GDP Ratio Soars, Unveiling Hidden Revenue.
In a significant development for Nigeria's fiscal landscape, the National Bureau of Statistics (NBS) recently announced an upward revision of ...
Nigeria Customs Service Modernisation Project Aims to Generate $200bn in Revenue
The Federal Government of Nigeria has set a target to generate $200 billion in revenue from the modernization project of ...
Sinking Ship: Nigeria’s Fuel Subsidies Finally Cut after Spending $74.39 Billion, Leaving Citizens in Panic.
The Nigeria Extractive Industries Transparency Initiative (NEITI) recently revealed that Nigeria has spent a staggering $74.39 billion on fuel subsidies ...
IMF Urges Incoming Government to Boost Nigeria’s Revenue and Reduce Debt Dependency.
In a virtual forum discussing Nigeria's debt situation, the International Monetary Fund (IMF) has called upon the incoming government led ...
Foreign Airlines in Nigeria Struggle with Trapped Funds, Threatening Operations and Market Viability.
Foreign airlines operating in Nigeria faced significant challenges in 2022 due to foreign exchange constraints, yet managed to generate approximately ...
The Dangote Oil Refinery: Will it Alleviate Fuel Hikes or Exacerbate Them?
The recent commissioning of the Dangote Oil Refinery in Nigeria has generated considerable excitement and hope for an end to ...
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