CLAIM: Imo State has the second-highest Internally Generated Revenue (IGR) after Lagos. VERDICT: False! FULL TEXT An X user, @Chuc_kki recently claimed that Imo State has...
A showdown is looming in Nigerian ports as organized labour in the maritime sector has rejected a planned 50 per cent deduction from the Internally Generated...
The Minister of Finance, Wale Edun, said on Wednesday the Federal Government was targeting a 77 percent increase in Internally Generated Revenue (IGR). Edun, who is...
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, on Monday, cautioned the 36 state governors on excessive borrowing. Okonjo-Iweala, who spoke at the...
Lagos State collected the highest Internally-Generated Revenue (IGR) in the country last year. The National Bureau of Statistics (NBS) which disclosed this in a statement on...
Governors of the North-East region have began plans to establish a regional carrier, North-East Regional Air Shuttle Limited, which would compete with other domestic airlines and...
The Nigeria Customs Service (NCS) Lagos University Teaching Hospital (LUTH) Nigeria Ports Authority (NPA), Nigerian Immigration Service (NIS) and eleven other MDAs failed to remit N127.13...
The Nigerian Investment Promotion Commission (NIPC) has detailed how it generated a total of N11.91 billion as Internally Generated Revenue (IGR) between January 2016 and June...
The National Bureau of Statistics said on Monday the 36 states and the Federal Capital Territory (FCT) recorded N849.12billion Internally Generated (IGR) Revenue in the first...
The Nigerian Investment Promotion Commission (NIPC) has disclosed that it generated N11.91 billion between January 2016 and June 2021. However, it remitted only N5.8 billion into...
A federal high court sitting in Abuja has vacated a ruling that barred the Nigeria Investment Promotion Council (NIPC) from spending its internally generated revenue. In...
National Chairman of the Peoples Democratic Party (PDP), Uche Secondus, has urged governors elected on the platform of the party to expand their Internally Generated Revenue...
Internally Generated Revenue of the 36 states and FCT rose from N800 billion in 2016 to N1.16 trillion in 2018. This was disclosed on Monday by...
The Nigeria Employers’ Consultative Association (NECA) on Monday reacted to calls by President Muhammadu Buhari to state governments to increase Value Added Tax (VAT) in order...
Lagos State accounted for N283.46 billion or 35.68 per cent of the total N794.50 billion Internally Generated Revenue (IGR) generated by the 36 states of the...
No fewer than twenty states in the country would not be able to cover all recurrent expenditure without resorting to borrowing. This was contained in the...
Some states’ inability to meet vital financial obligations without allocation from the Federal Government is becoming clearer by the day following the deadlock in the Federal...
The Lagos State Government has said the state’s average monthly Internally Generated Revenue (IGR) has risen to N34 billion in 2018 from N22 billion recorded in...
The recent declaration by Minister of Budget and National Planning, Senator Udo Udoma, that unless the Internally Generated Revenue (IGR) of Nigeria rises by 40 per...
Abia State Governor, Dr. Okezie Ikpeazu, on Thursday said the state is targeting N2.5 billion monthly Internally Generated Revenue (IGR) from December 2017. The governor who...
The Peoples Democratic Party (PDP) Edo State chapter has come down hard on Governor Adams Oshiomhole for denying local governments in the state the wherewithal to...
Former governor of Enugu Sullivan Chime state is to be probed by the state House of Assembly over alleged fraud in the utilisation of Internally Generated...
Owing to the cash crunch on states in the federation, arising from dwindling revenues from oil receipts, the states are looking inwards to generate the needed...
Delta State Governor, Ifeanyi Okowa, has said the renewed attacks on oil and gas facilities in the Niger Delta has impacted negatively on the fortunes of...
The Federal Government has hinted of plans to boost the economy with N350bn as soon the 2016 budget is passed, the Minister of Finance, Mrs. Kemi...
The Federal Government and 36 states governors have oncluded plans to hold a retreat to consider alternatives to devaluation of the naira. This was disclosed on...
By Waziri Adio Dutch Disease. Resource Curse. Paradox of Plenty. Three good turns of phrases signifying an unflattering concept that could have been developed with just...
