Mr Christopher Maikalangu, Chairman of the Abuja Municipal Area Council (AMAC), on Tuesday, inaugurated a task force to check revenue leakages in the area council. Maikalangu while inaugurating the team at the council’s secretariat, charged the members to ensure there were no double taxation on residents and also ensure...
Revenue
The Tax Controller, Enugu Medium and Small Tax Office of the Federal Inland Revenue Services (FIRS), Mrs Stella Obiora, says the organisation generated N10.04 trillion in 2022. Obiora, represented by the Executive Chairman of the agency, Mr Muhammed Nami, stated this in Enugu on Friday during their special day...
The National Association of Nigeria Travel Agencies (NANTA) on Friday said it recorded a loss of 500 million as revenue in 2022, due to drop in ticket sales. Mrs Susan Akporiaye, NANTA’s National President, disclosed this during a media briefing held in Lagos on Friday. Akporiaye said that there...
The Nigeria Customs Service (NCS), Apapa Command, on Thursday said it generated N1.02 trillion in 2022. The customs area controller, Comptroller Malanta Yusuf, said this at a media conference in Lagos. Yusuf said the amount was unprecedented in the history of revenue generation by the command, and that the...
Crisis is brewing between the Federal Fire Service in Cross River and its host state counterpart over issue of revenue collection in the state. The News Agency of Nigeria (NAN) reports that the state Fire Service has accused the federal fire service of encroachment into its areas of revenue...
The Abuja Municipal Area Council (AMAC) says it has not relinquished its power of revenue collection to any individual or corporate bodies. The Senior Special Assistant on Community Development to AMAC Chairman, Mr Yunusa Ahmadu, said this while briefing newsmen on Tuesday in Abuja. He expressed worry at the...
The Nigeria Customs Service (NCS) Murtala Muhammed International Airport (MMIA) Command has generated N7.02 billion revenue in three months from September to November. The Customs Area Controller, Comptroller Mohammed Gidado, said this in a statement signed by Superintendent Juliana Tomo, the command’s Public Relations Officer on Tuesday in Lagos....
The Federal Capital Territory Administration (FCTA), Department of Outdoor Advertisement and Signage (DOAS) says it has lost about N500 million revenue to masts erected without approval in the territory. The Director, Dr Babagana Adam, stated this during an interactive session with newsmen on Thursday in Abuja. He said available...
The Nigeria Customs Service (NCS), Apapa Area Command, has generated N790.6 billion between January and September 2022. Comptroller Malanta Yusuf, the command’s Area Controller, said this at a news conference on Thursday in Lagos. According to Yusuf, this shows an exponential improvement of N181.5 billion when compared with N609...
The Nigeria Customs Service (NCS), Ogun 1 Area Command, says it generated N38.5 million in the third quarter of 2022. The Area Comptroller, Bamidele Makinde, made this known in a statement issued on Saturday. Makinde said that the revenue was from import duties and auction sales of petroleum products...
Dangote Sugar Refinery Plc has declared a Profit Before Tax (PBT) of N29.73 billion for the half year ended June 30, 2022. The company made the disclosure in a report signed by Mr Anthony Chiejina, the Group Head, Corporate Communications, Dangote Group, on Tuesday in Lagos. According to the...
The TinCan Island Port Customers Command has generated N274.32 billion in the first six months of 2022. Comptroller Olakunle Oloyede, command’s area controller, made this known at a media conference in Lagos on Friday. Oloyede said that this indicated an increase of 27.50 per cent when compared with N229.32...
The Cinema Exhibitors Association of Nigeria (CEAN) on Saturday said it recorded N363 million as total ticket sales in all cinemas across the country for the month of June. Mr Ope Ajayi, National President of CEAN, disclosed this in an interview with the News Agency of Nigeria (NAN) in...
The Nigeria Customs Service (NCS), Port Harcourt Area ll Command, Onne Port, has generated N115.26 billion between January and June 2021. The Customs Area Controller, Mr Auwal Mohammed, made this known on Sunday in a statement signed by the spokesperson of the command, Mrs Ifeoma Ojekwu. Mohammed said that...
The Nigeria Customs Service (NCS) says it will generate a whopping revenue of $176 billion over the next 20 years through the implementation of e-customs project.
The Federal Government says at the conclusion of the on-going reform in the creative industry and advertising sector, the country will earn two billion dollars in advertising within three years. The Minister of Information and Culture, Alhaji Lai Mohammed, said this in Abuja at a technical session of the...
The Cinema Exhibitors Association of Nigeria (CEAN) on Monday said that it generated N346.6 million from tickets sold across the country in March. Mr Patrick Lee, CEAN’s National President, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos. Lee said that the figure represented...
The Cinema Exhibitors Association of Nigeria (CEAN) has generated N4.8 billion revenue through ticket sales in 2021. CEAN Chairman, Mr Patrick Lee, disclosed this in an interview with the the News Agency of Nigeria (NAN) on Saturday in Lagos. Lee said that the figure represented an increase of 128.57...
Nestle Nigeria Plc says it recorded revenue of N351.8 billion as at the year ended Dec. 31, 2021. The company said this in a statement signed by Mrs Victoria Uwadoka, Corporate Communications and Public Affairs Manager, on Wednesday in Lagos. The figure represents 22.6 per cent growth over the...
Manchester City’s revenue exceeded arch-rivals Manchester United for the first time last year, the Premier League champions revealed in their latest financial accounts on Wednesday. City reported club record revenue of £569.8 million ($780 million) for their title-winning 2020-21 season. That was a revenue increase of 19 per cent...