Debt servicing gulped 80.6% of FG’s revenue in 11 months | TheCable
January 4, 2023 6:49 PM
Ahmed said this in Abuja on Wednesday during the public presentation and breakdown of the approved 2023 budget. Speaking at the event, Ahmed said the federal government’s share of oil revenues generated within the period was N586.71 billion , while non-oil tax revenues totalled N2.09 trillion — a performance of 123.3 percent.She said companies’ income tax and value added tax collections were N1.08 trillion and N295.2 billion, representing 158.6 percent and 124.3 percent of their respective targets.She added that other revenues amounted to N3.72 trillion, of which independent revenue was N1.32 trillion.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
G-5 governors and the tight rope ahead, By Zainab Suleiman OkinoThank God it’s January, the month that will unravel so many things. Governor Nyesom Wike, the arrowhead of the G-5 rebellious governors of the PDP, also known as Integrity Group, will finally reveal his presidential candidate. February and March will finally put the drama, theatrics, hose-trading, name-calling and negative vibes of the 2023 election campaigns […]
Read more »
Alleged Missing N89.1trn Stamp Duty Revenue Still Under Investigations - Federal GovtMinister of finance, budget and national planning, Zainab Ahmed, has said that the allegation of missing stamp duty revenue is currently being investigated by
Read more »
‘He attacks out of frustration’ -- presidency hits Obasanjo for criticising Buhari | TheCableGarba Shehu, the presidential spokesman, has taken a swipe at former President Olusegun Obasanjo for criticising President Muhammadu Buhari.
Read more »
Southern, middle belt leaders ask Buhari to sack DSS DG over attempt to arrest Emefiele | TheCableThe Southern and Middle Belt Leaders’ Forum has asked President Muhammadu Buhari to sack Yusuf Bichi, the director-general of the DSS.
Read more »
Tennis legend Martina Navratilova diagnosed with throat, breast cancer | TheCableMartina Navratilova, the Czech-American tennis legend, has been diagnosed with both throat and breast cancer.
Read more »
U17 cricket: NCF, uLesson to partner for talent discovery | TheCableThe Nigeria Cricket Federation (NCF) says it would partner with uLesson Education for the 4th PWC/NCF National Un
Read more »