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    Kapital FM 92.9 The Station that Rocks!

Revenue

14 Results / Page 1 of 2

Featured

HOR Proposes 1% Of Consolidated Revenue To Fight HIV/AIDS

  The House of Representatives Committee on HIV/AIDS, Tuberculosis, and Malaria (ATM) has proposed allocating 1% of the Consolidated Revenue of the Federal Government to address HIV/AIDS and other public health diseases. Committee Chairman, Amobi Ogah while briefing members of the committee at the end of the National Agency for the Control of AIDS, NACA and the house committee retreat explained that the decision followed a thorough analysis of NACA's […]

todayJuly 10, 2024 5

FCT

AMAC Chairman Seeks Support To Tackle Revenue Leakages

The Chairman, Abuja Municipal Area Council Christopher, Maikalangu says to boost socio economic activities in the Council more stringent measures have been taken to tackle revenue leakages in the interest of residents. Speaking at a media briefing on Wednesday in Abuja, he expressed optimism that the measures would achieve the desired results. Maikalangu, urged taxpayers to desist from illicit transactions from any fake revenue collector and pay to AMAC in […]

todayMay 22, 2024 26

Economy

FAAC Disburses N1.2trn Revenue To FG, States, LG For April

FAAC distributes N1.2 trillion in revenue to the Federal Government, states, and local governments for the month of April. During the FAAC meeting held in May 2024, the allocation shared consisted of N284.716 billion in distributable statutory revenue, N466.457 billion in distributable Value Added Tax (VAT) revenue, N18.024 billion in electronic money transfer levy revenue, and N438.884 billion in exchange difference revenue. The information was included in a statement released […]

todayMay 17, 2024 22

National

FG Received N318.5b Revenue In First Quarter Of 2024

The Accountant General of the Federation, Mrs. Oluwatoyin Madein, has disclosed that the Federal Government received N318.5 billion in revenue inflows during the first quarter of 2024. This figure was announced during a hearing with the House of Representatives Committee on Finance, which aimed to monitor revenue generated by federal government agencies. According to Madein, who was represented by the Director Revenue Expenses, this amount falls short of the expected […]

todayMay 16, 2024 29

Featured

Revenue Collection By Multiple Agencies Cause Of Funds Leakage – FIRS

    The Executive Chairman of the Federal Inland Revenue Service, FIRS, Zach Adedeji, says the collection of revenue by multiple government agencies is a major cause of the leakage of funds. Mr. Adedeji who stated this when he appeared before the House of Representatives for budget defence explained that the duty should be the sole responsibility of the Service to ensure greater accountability in the system. He urged other […]

todayFebruary 28, 2024 21

Featured

  The Senate says the 2024, N5.079tr revenue target of the Nigeria Customs Service, NCS will be reviewed upwards from the second half of the year to save the country from further borrowings. Chairman, Senate Committee on Customs, senator Isah Jibrin stated this at a crucial meeting with the Comptroller General of the Nigeria Customs Service, NCS, Adewale Adeniyi and top management staff of the service. He told the Agency […]

todayFebruary 6, 2024 8

National

Revenue Leakages : MMSD, RMAFC To Strengthen Partnership

To block revenue leakages in the mining sector, the Ministry of Solid Minerals Development and the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, have resolved to strengthen the partnership. Minister of Solid Minerals Development, Dr. Dele Alake made this known when he hosted the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Mohammed Bello, and his team in his office in Abuja. Dr Alake explained that the federal […]

todayJanuary 28, 2024 35

National

Budget: GOEs Pledge Additional Revenue Target

  By Oduyemi Odumade Some Government Owned Enterprises, GOEs have pledged their commitment to surpass the revenue projections in the 2024 budget proposal. The Government Owned Enterprises are the revenue generating agencies of the Government. The Heads of the GEOs made the pledge when they appeared before the House of Representatives Committee on Appropriations in Abuja. President Bola Tinubu, last month, presented a N27.5 trillion budget to the joint session […]

todayDecember 11, 2023 17 4

National

ITF Surpasses Projected N48.873b Revenue In 2023

PTF, says it has surpassed the N48.873b revenue projected for the 2023 fiscal year by raking in N51.344billion as at the third quarter of the year This is as the training agency , projected N66.473billion as revenue generation in 2024 , N69. 744billion in 2025 and N73.2billion in 2026 . The Director General of the Fund, Doctor Afiz Oluwatosin Ogun stated this in Abuja during an interface with the Senate […]

todayNovember 14, 2023 26 2

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