Nigeria News
CBN, NTA, others return over N1tr to govt
Nigeria’s independent revenue crossed the N1 trillion mark in 2021, it was learnt on Wednesday.
Minister of Finance Budget and National Planning Mrs Zainab Ahmed stated this at the public presentation of the 2022 Appropriation Act.
Independent revenues are generated by the Federal Government from agencies captured under the Fiscal Responsibility Act.
They include the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC), the Securities and Exchange Commission (SEC), the Nigerian Television Authority (NTA), among others.
Other revenues in the same year amounted to N2.80 trillion.
Ahmed expressed delight that this revenue segment was performing better than expected.
The government, Ahmed said, “is targeting N10.7 trillion in 2022, inclusive of revenue from Government Owned Enterprises (GOEs)”.
Details coming.
Probe panel: Ortom defeats Benue state govt at appeal court
Police take action over murder of lawyer Mark Ofikwu in Otukpo
BREAKING: Reps reject bill proposing six-year single tenure for president, governors
BREAKING: Senate approves Tinubu’s ₦1.77 Trillion loan request to address 2024 Budget deficit
Finland arrests Simon Ekpa, four others over terrorism financing
BREAKING: Biafra: Simon Ekpa arrested in Finland
Ten students injured in clash between two secondary schools in Ilorin
‘I’m heartbroken’ – Senator Moro reacts to gruesome murder of lawyer, Mark Ofikwu
Davido receives luxury Escalade 600 as birthday gift
Davido to livestream 32nd birthday concert from Atlanta
American returnee, Sunday Abioye found dead in Ogun hotel room
