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.
Category : Search result: NCS revenue target
Imemba: Nigeria Must Focus on Net Value, Not Just Local Content %
TotalEnergies Nigeria's Obi Imemba calls for a strategic pivot in implementing Nigeria's local content law, advocating for maximizing net value retention over rigid percentage targets. Read his full proposal.
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.
Airbus cuts 2025 delivery forecast over A320 panel quality issue
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
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.
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.
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.
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.
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.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
States Plan Investment Summit for $1 Trillion Economy
Nigeria's 36 states and FCT plan a subnational investment summit to attract foreign investors, critical for achieving the $1 trillion economy target by 2030. Read more.
VAT collections hit N2.06tr in Q2, 7th consecutive rise
Nigeria's VAT revenue surges to N2.06 trillion in Q2 2025, marking a 32.15% year-on-year increase and the seventh consecutive quarterly rise since economic reforms began.
Customs intercepts $2.2m undeclared cash at airports
The Nigeria Customs Service intercepted $2.2 million in undeclared cash from major airports between January and July 2025. Discover how this strengthens border security.
Customs Orders Mandatory Drug Test for Officers
The Nigeria Customs Service mandates drug tests for all new recruits and serving officers to ensure operational integrity and a drug-free institution. Read the full details.
ACCI Calls for More Engagement on New Tax Laws
The Abuja Chamber of Commerce urges the Federal Government to increase stakeholder engagement for the successful implementation of new tax reforms set for 2026. Learn more about the key changes.
VAS Operators See 25% Growth, Revenue Hits N83bn
Nigeria's Value-Added Service market exploded in 2024, recording a 25% subscription surge and a massive 470% revenue increase. Discover the drivers behind this telecom boom.
Ebonyi Governor Proposes N884.86bn Budget for 2026
Governor Francis Nwifuru presents a historic N884.86 billion budget for Ebonyi State in 2026, focusing on infrastructure and human capital. Read the full breakdown of capital projects and revenue sources.
APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
Ebonyi Governor Presents ₦884.86bn Budget for 2026
Governor Francis Nwifuru presents Ebonyi's largest-ever ₦884.86bn budget for 2026, focusing on infrastructure and human capital development. Read details of the 'Budget of Actualisation and Hope'.
FIRS Counters Atiku on Tax Collection Claims
FIRS refutes Atiku Abubakar's claims about revenue collection monopoly, explaining its multi-provider system. Learn the facts about Nigeria's transparent tax framework.
Atiku questions FG's Xpress Payments TSA appointment
Atiku Abubakar demands suspension of Xpress Payments as TSA agent, calling for transparency and a public inquiry into the controversial deal. Read more.
FIRS Dismisses Atiku's Xpress Payments Allegations
FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.
FIRS Debunks Atiku's Tax Collection Allegations
Nigeria's FIRS refutes former VP Atiku's claims about revenue collection system, defends multi-channel payment platform transparency. Learn the facts about tax reforms.
RMAFC Probes Electronic Transfer Levy 2019-2022
Nigeria's RMAFC investigates Electronic Money Transfer Levy disbursements from 2019-2022 to ensure transparency and accountability in revenue collection for all government tiers.
Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
Nasarawa rare earth plant creates 10,000 jobs
Nigeria's mining sector generates N26 billion in 2025 as Nasarawa gets $400 million rare earth plant creating 10,000 jobs. Read about Nigeria's mineral revolution.
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