The Federal Government revenue from rail transportation dropped to N5.57 billion from N6.03 billion recorded in 2021, according to data from the National Bureau of Statistics (NBS). A quarterly breakdown of the revenue according to the rail transport report, showed that a total of N2,207,529,064 revenue was recorded in the first quarter, while N734,472,610 was […]

read more Rail transport revenue drops to N5.57bn

The Federation Account Allocation Committee (FAAC) has distributed a total of N714.629 billion to the federal, states and local government councils. The total sum which is March 2023 federation account revenue, fell from N722.677 billion shared in February 2023. This was contained in a communiqué issued at the end of FAAC meeting for April 2023. […]

read more FAAC disburses N714.629bn March 2023 revenue to FG, states, councils

The federal government revenue from rail transportation dropped to N5.57 billion in 2022, from N6.03 billion recorded in 2021, the National Bureau of Statistics (NBS) has revealed. A quarterly breakdown of the revenue according to the rail transport report, showed that a total of N2.21 billion revenue was recorded in the first quarter, while N734.5 […]

read more Rail transport recorded more passengers, lower revenue in 2022 – NBS

The Rice Processors Association of Nigeria (RIPAN) has urged the incoming administration of President-elect Bola Tinubu to check smuggling and economic sabotage if Nigeria is to attain food security. Andy Ekwelem, the director-general of RIPAN made the call during a press conference in Abuja on Tuesday. According to him, the border restriction policy of the […]

read more Rice processors want Tinubu’s government to curb smuggling

Oxfam Nigeria, a non-profit organisation, has stressed the need for the incoming government to take steps to curtail the rising inflation, address the financial crisis in government as well as boost revenue generation. Vincent Ahonsi, country director of Oxfam, in a report titled ‘Agenda for incoming government’, stated that the incoming administration could inherit a […]

read more How incoming government can curb economic, financial crisis — Oxfam