Akande, who briefed on behalf of the Minister for Finance, Budget and National Planning, Zainab Ahmed, said “Amongst several of the memos presented today, was the one by the Minister for Finance, Budget and National Planning on accelerating revenue mobilisation reforms, which is a derivative of the Federal Government’s strategic revenue growth initiative.
“This particular initiative is something that is meant to address some of the fiscal challenges of the Federal Government as it is intended to raise Nigeria’s non-oil revenue potential and oil revenue potential so it is estimated, but with the implementation of this reform, it could result in a potential additional non-oil revenue and oil revenue generation of N3.8tn and N160bn annually. That is N3.8tn increase annually for non-oil revenue and N160bn for oil revenue.”All rights reserved.
Here they are again. Targeting Targeting Targeting. Mchew
This is possible because of the Nigeria large domestic market attracting investors
What have they done with all these funds? Nothing
Mad people everywhere
Ok… and yet some people are still not Obident…. All these old men needs to go and retire… keep targeting
You are still targeting by now when your regime is over
Target?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
FG targets N3.8tn, N160bn in non-oil, oil revenuesThe Federal Government, on Wednesday, approved a new revenue boost scheme aiming to annually generate N3.8tn and N160bn from non-oil and oil ventures respectively. These guys are cashing out steady ooo😂🤣 Where is the money going? Of what purpose is it spent? Are this people a human? Punch shithole news
Source: MobilePunch - 🏆 8. / 63 Read more »
FG targets N3.8trn, N160bn from non-oil, oil generation yearlyThe Federal Executive Council Wednesday approved a new revenue boost initiative that will see the country generate N3.8trn from non-oil and N160bn from oil revenue generation annually. Where is everything going to sink,? Embezzlement. It's of no use to the development of the nation. And yet we can't even feel the impact in our society. it's well shall.🙆♂️🙈 Hahahaha.. at the 11:59 hour! BashirAhmaad what's a dollar to naira this morning?
Source: Daily Trust - 🏆 13. / 51 Read more »
Shareholders Excited as NIPCO Pays N3.25k Dividend Per Share – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
FEC okays reforms to bolster non-oil revenue to N3.8trn annually - Premium Times NigeriaFEC also approved the sum of N939 million which has been provided for in the 2022 budget as a counterpart fund for this urban water supply improvement in line with the National Water Supply and Sanitation Policy.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
FEC approves reforms to increase non-oil revenue by N3.8trn annually | TheCableThe federal executive council (FEC) has approved reforms to increase Nigeria’s non-oil revenue by N3.8 trillion and oil revenue by N160 billion annually. FEC gave the approval on Wednesday in
Source: thecableng - 🏆 2. / 80 Read more »
FEC Okays Initiative to Raise Annual Revenue by N3.96trn – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »