Category : Search result: DisCos revenue shortfall


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.

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.

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.

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.

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.

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.

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.

NEM Insurance Assets Reach N165.46bn in Q3 2025

NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.

Reps Probe Billions Lost in Oil, Agriculture, Properties

The House of Representatives launches a major investigation into massive revenue leakages in Nigeria's oil sector, Anchor Borrowers' Programme, and over 11,000 abandoned federal properties valued at N20 trillion.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

Page 1 of 2