…We want them to survive, expand, and prosper because that is the only sustainable way government revenue can grow,” he said. The EKIRS boss explained that instead of relying on shop closures and roadblocks, the agency now visits businesses, markets, universities, and professional groups to educate taxpayers on their ob…

…leaks and venting, depriving the country of electricity, cooking gas, industrial growth, government revenue and cleaner air. The economic consequences are enormous. Analysis of data from the National Oil Spill Detection and Response Agency (NOSDRA) Gas Flare Tracker shows that Nigeria lost an estimated $5.5 billion (ab…

…and proposed replacing it with an Aviation Development Fund that would be insulated from government revenue accounts and dedicated to infrastructure projects within the sector. He said: “The five per cent TSC is useful, but not for the purpose for which it is currently being used. What it was intended for and what it i…

…macroeconomic vulnerabilities and strengthened investor confidence. He noted that government revenues also improved on the back of higher oil receipts and stronger non-oil tax collections, while greater policy credibility helped sustain confidence in the financial markets. However, he stressed that the benefits of macr…

…expectations of higher export earnings, stronger foreign exchange inflows and improved government revenues if current price levels are sustained. Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that Nigeria’s average daily crude oil and condensate production rose by 2.3 per cent to…

…products. The operation is designed to safeguard Nigeria’s energy security, preserve government revenue, and ensure that petroleum products meant for domestic consumption reach legitimate end users without unlawful diversion.

…not restricted. Education is a fundamental right and a public good, not a source of government revenue. "Imposing multiple fees at the basic education level risks denying many children their right to education. At that stage, the State has a duty to invest in educating and preparing its citizens for productive lives, n…

…Government level, debt servicing is expected to continue consuming more than half of government revenue. The IMF estimated that interest payments absorbed 53.2 per cent of Federal Government revenue in 2025 and projected the ratio at 53.7 per cent in 2026 before easing marginally to 52.4 per cent in 2027. The Minister…

…of fuel subsidy, exchange rate unification and other economic policies had increased government revenue, improved investor confidence and boosted federal allocations to states. “Leadership is not about perfection; it is about progress. The journey of reforms is never easy after decades of mismanagement, but President B…

…of manufacturers. By presenting illicit trade as a threat to economic development, government revenue, and consumer protection, the association has helped shift the conversation towards a broader national concern. Awareness, however, is only the beginning. Africa's most populous nation has held countless meetings on sm…

…fiscal deficit. "A fiscal deficit is determined by the relationship between total government revenues and total government expenditures. Whether a capital project is financed through annual appropriations, supplementary appropriations, statutory transfers, approved intervention mechanisms, or other lawful financing arr…

…to attract genuine investors, create employment opportunities for young people, increase government revenue and protect host communities from criminal activities associated with illegal mining. Stakeholders Demand Stronger Action Following the latest attack, stakeholders have renewed calls for stronger security around…

…that of many comparable countries, stressing that concerns should focus on improving government revenue rather than limiting borrowing. “When we looked at the numbers, Nigeria is a moderately indebted country, meaning it has less debt relative to its economy than most of its neighbours and many other countries,” he sai…

…Service, State Internal Revenue Services, the FCT Internal Revenue Service, Local Government Revenue Committees, tax practitioners and taxpayers nationwide.

Officials say the platform is designed to improve transparency, reduce leakages and enable real-time monitoring of government revenues.