Category: Business News

FG hires consultants to probe minerals sector’s revenue leakages

The Federal Government on Monday inaugurated 100 consultants to probe revenue leakages in the mines and minerals sector of the economy between 2012 and 2017 in an exercise titled: ‘Revenue Optimisation and Verification Project’. At the inauguration, the Minister of Mines and Steel Development, Dr. Kayode Fayemi, who was represented by the Permanent Secretary in…

FIRS generated N4.03tn in 2017 – Fowler

The Federal Inland Revenue Service announced on Monday that it collected a total of N4.03tn in the 2017 fiscal period. The collection, according to a statement issued by the agency, represents 82.38 per cent of the government’s target of N4.89tn for the year. The revenue of N4.03tn is, however, N720bn more than the 2016 total…