Niger Area command of NCS collects N417 million revenue

The Niger Area Command of Nigeria Custom Service collected N417 million revenue in the first quarter of this year. Mr Garba Kabiru, the Area Comptroller, disclosed this in an interview with News Agency of Nigeria (NAN) in Minna on Wednesday. The command supervises Niger, Kogi and Kwara offices of the service. Kabiru said that about……

Seized Items: Customs to Commence Online Auction

(VON) The Nigeria Customs Service is to commence online auction of seizures to tax payers with Federal Inland Revenue Service (FIRS). Only tax payers issued with Identification Number will be eligible to participate. This is part of the guidelines contained in a new e-auction portal to be deployed for disposing of seizures that have undergone…

Kebbi Govt. Targets N14bn Internally Generated Revenue (IGR) in 2017

The Kebbi State Government says Tuesday that it has worked out measure to achieve a N14 billion Internally Generated Revenue (IGR) in 2017. The state Commissioner for Budget and Economic Planning, Alhaji Zailani Muhammad, stated this at an interactive session with officials of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) in Birnin Kebbi.  …

FG recorded N3.1bn revenue shortfall in 2015 – FRC report

The Fiscal Responsibility Commission (FRC) says the Federal Government recorded a revenue shortfall of N3.1 billion at 33.34 per cent of its gross federally-collected revenue in 2015. This was contained in the 2015 Annual Report and Audited Accounts of the commission made available to the News Agency of Nigeria (NAN) on Tuesday in Abuja. It……

Sokoto, Kebbi and Zamfara Customs Command Surpasses 2016 Revenue Target

Adamu Musa, Sokoto: Sokoto/Kebbi/Zamfara Command has collected N2,094,428,602.00 billion naira representing 122.13 percent of the 2016Annual Revenue Target. This represents a surplus of N 379,484,162 million naira above the annual target given by the Service Headquarters. The Command collected N1,291,328,712.22 billion naira in 2015. The performance of 2016 represents an increase of 803,099,889.78million naira or…

Chinese tabloid develops app that pays you to read

A leading Chinese tabloid Southern Metropolis Daily has developed and released a new app named Bingdu which not only allows users to read the news, but also gives them the chance to make money by sharing in the app’s advertising revenue. Users will receive money depending on their level of engagement with news stories and…

Governors endorse FG’s plan to increase revenue through Solid Minerals

State governors yesterday endorsed the plan of the Federal Government to increase the contribution of Solid Minerals sector to the nation’s treasury through the engagement of Independent Professional Revenue Consultant to increase the sector’s contribution to the revenue of the federation. The National Economic Council, NEC, meeting made this approval sequel to a memo presented…

N25.6b Generated Revenue At Tincan Island In September

Tin Can Island, Lagos Uche Ejesieme, Tin Can : The various strategic plans aimed at enhancing the Revenue collecting capacity of Tincan Island Port in Lagos continues to show positive signals with the collection of 25.6 Billion as revenue in the month of September 2016. These measures include but not limited to strengthening and rejuvenating…

Breaking: N95b Realized In August By NCS, Highest in 10 Year Despite The Forex Difficulties, Low Import and General Economic Downturn

Hameed Ibrahim Ali CG Nigeria Customs Customs HQ, Abuja: Col. Hammed Ibrahim Ali (Rtd) on assumption of office as the Comptroller-General of Customs August last year arrived with a three prone Presidential mandate, namely, Reform, Restructure and Raise revenue. To achieve these, he drew his policy thrust, which harped, on Honesty, Integrity and Transparency as…

FG Creates N550bn Non-Oil Export Stimulation Grant – Maikanti

In its bid to encourage export and discourage importation amongst Nigerian business men, the federal government has created a N550 billion takeoff grant for old, new and intending exporters, Ibrahim Maikanti has disclosed. Maikanti who is a member of the presidential technical committee on stimulation of non-oil export and the business development manager said that…