National Bureau of Statistics
‘Nigeria, others can stop $35b yearly food import with better land governance’
Stakeholders attending this year’s conference on Land Policy in Africa have called for fair and efficient land management to support moves to transform the continent, especially in the area of food production and industrialisation.
N275bn generated from VAT in third quarter of 2019 – NBS
The National Bureau of Statistics (NBS) said the sum of N275.12 billion was generated as Value Added Tax (VAT) in the third quarter of 2019.
Marketers raise concern about rising price of cooking gas
With the yuletide gradually approaching marketers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, have raised concerns about the hike in the price of the commodity, due to the alleged scarcity of the product.
Combating extreme poverty in the land
It is curious that President Muhammadu Buhari the other day decried reported concentration of the wealth of the country in the hands of a few people in five states and the Federal Capital Territory without details and context.
NNPC explains increase in price of Kerosene
The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.
NCC complies with Fiscal Act, remits N51.3 billion to government in Q1
The Nigerian Communications Commission (NCC) has remitted N51.3 billion to the Federal Government’s Consolidated Revenue Fund (CRF) in the first quarter of 2019.
NBS, experts disagree over falling consumer prices in June
Economists yesterday faulted the report by the National Bureau of Statistics (NBS) that that consumer prices fell last month. The experts, who spoke in Abuja, contended that Nigeria at the moment had not got an economy or a direction from where the result would have emanated from.
Factcheck: Gombe State not owing N110bn
The Transition Committee set up by Gombe State Governor, Inuwa Yahaya has put the state’s debt at N110bn. The Chairman of the Transition Committee, Mohammed Kabir, while presenting the Committee’s report to the then Gombe governor-elect on May 11, said Gombe State had a debt profile of N110bn as at December 2018. The 31-member transition…
Railway workers seek review of NRC as passenger traffic drops in Q1
Nigeria Union of Railway Workers (NUR), has tasked the Federal Government to review the Nigerian Railway Corporation (NRC), under the supervision of the Ministry of Transportation. NUR wants government to nationalise the Corporation and make it an authority or Federal Ministry of Railways, as doing so would help tackle poor budgetary allocation and zero…
Government earns N289b from VAT in Q1, loses by three per cent
The Federal Government earned N289.04 billion from Value Added Tax (VAT) in the first quarter of 2019, against N298.01 billion in the previous quarter, representing 3.01 per cent decline. The N8.97 billion VAT shortfall, compared with the previous quarter’s numbers, were part of the more than N300 billion deficit in revenue projection of the government…