FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Category : Search result: Abia state revenue
Senate Condemns Multiple Budgets, Raises FIRS Target
Nigerian Senate criticizes multiple budgets in one year, pushes FIRS revenue target to N35 trillion for 2026. Details on the N30tr shortfall and fiscal reforms.
N66.42tr Hits Federation Account in 3 Years
Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.
Six Arrested Over Headless Body Found in Abia Community
Amangwo Umuigu community in Abia is in mourning after the headless body of 25-year-old Solomon Ikoku was found. Six vigilante members arrested as police investigate the shocking murder. Read the full story.
Wike Sacks FCT-IRS Acting Chairman, Senior Official Takes Over
FCT Minister Nyesom Wike has removed Michael Ango as acting chairman of the FCT Internal Revenue Service. The reason remains undisclosed. Read the full details and implications here.
Olaopa Urges State Civil Service Commissions to Embrace Shared Learning
FCSC Chairman Prof. Tunji Olaopa calls for shared learning among state civil service commissions to deepen reforms. Abia State CSC chosen as first pilot for national strategic plan implementation.
Ex-FECA Provost Urges Scientists to Monetise Research
Former FECA Provost Dr. Adeola Odedina advises scientists to convert research into profitable ventures for personal financial growth. Learn how to bridge academia and entrepreneurship.
Finidi Promises Rivers United Bounce Back
Rivers United manager Finidi George assures fans the team will recover from recent poor form. Read his analysis of the psychological impact and plans for the NPFL clash vs Abia Warriors.
Executives: Data Discipline Unlocks Digital Revenue in Nigeria
At the Leadway Digital Growth Summit, industry leaders warned that Nigerian firms must adopt stricter data discipline and deeper collaboration to achieve measurable returns on digital marketing investments. Discover the key strategies.
Rivers LGA Unveils ARISE Plan for Development
Obio/Akpor LGA launches the OBALGA ARISE framework to enhance administration, infrastructure, and security. The plan aims to attract investment and transform the local economy. Read more.
MTEF Approved, 2026 Budget Process Begins
The Federal Executive Council has approved the Medium-Term Expenditure Framework, setting the stage for the 2026 budget. Ministers Bagudu and Edun detail plans to manage capital rollovers and address the revenue-expenditure gap.
Abia Community Protests Leader's Detention in Abuja
Idima Abam community in Abia State protests the arrest of their leader, Ezeogo Chukwu Jonah, detained in Abuja. They petition state lawmakers, alleging a kingship tussle and injustice. Read the full story.
Tinubu, Otti Meet Amid Push for Nnamdi Kanu's Release
President Bola Tinubu and Abia Governor Alex Otti held a crucial meeting at the Presidential Villa, linked to efforts for the release of IPOB leader Nnamdi Kanu. Details inside.
7 Arrested for Illegal Revenue Collection in Anambra
OCHA Brigade arrests seven individuals for illegal extortion in Amansea. Suspects paraded and remanded. State vows to curb unauthorized levies during festive season.
Tinubu, Otti Meet Over Nnamdi Kanu's Release
President Bola Tinubu met with Abia Governor Alex Otti to discuss securing the release of IPOB leader Nnamdi Kanu. This follows Otti's recent visit to Kanu in Sokoto prison. Read the latest developments.
Otti's team escapes gunmen attack in Imo
Governor Alex Otti's advance team narrowly escaped an attack by unidentified gunmen in Imo State. No casualties reported. Security agencies are investigating the incident.
Gov Otti: My convoy was not attacked by gunmen
Abia Governor Alex Otti's office dismisses reports of an attack on his convoy. An advance team was ambushed near Owerri airport. No lives were lost. Read the full details.
Abia's 2027 Power Tussle: Otti, Kalu, Umahi, Kalu Vie for Tinubu
A fierce political battle is raging in Abia State as Governor Alex Otti, Deputy Speaker Benjamin Kalu, Senator Orji Uzor Kalu, and Minister Dave Umahi compete for President Tinubu's support. This rivalry threatens governance and early 2027 electioneering.
FG Urged to Unlock N70tr Maritime Revenue for Debt
Olisa Agbakoba Legal urges FG to implement maritime reforms, unlocking N70 trillion yearly to service Nigeria's N152.4 trillion public debt and stop massive revenue losses.
Aba Traders Protest 'Unjustifiable' Levies Under Governor Otti
Aba traders face hardship as government operatives impose high levies and seal shops at night. APC chieftain Paul Ikonne condemns the actions as tyrannical. Read more.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
APC Group's Message to Otti Before Tinubu Meeting
The Abia APC Renaissance Group outlines critical demands for Governor Alex Otti ahead of his meeting with President Bola Tinubu. Read the full details and political implications.
DisCos Record N45b Revenue Shortfall in September 2025
NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.
Abia Pays 20-Year Pension Arrears: N60bn for Retirees
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIoD Demands Tax Reforms Benefit Infrastructure by 2026
CIoD Nigeria urges Federal Government to ensure 2026 tax reforms directly improve infrastructure like roads, healthcare, and education. Learn how reforms aim to diversify revenue.
Nigeria Launches REVOP to Boost Revenue Transparency
The Federal Government launches REVOP, a tech-driven revenue system to eliminate financial leakages and ensure real-time tracking of all public funds for national development.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
Kano Free Trade Zone Hits N18.8b Revenue in 2025
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
Abia Unseals Benjamin Kalu's Property, Explains Action
Abia State government unseals Renewed Hope Partners building in Umuahia, clarifies sealing was due to landlord's ground rent default since 1982, not political targeting.
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