The Senate Committee on Finance has commended the Securities and Exchange Commission (SEC) Nigeria on its efforts to operate profitably and charged the leadership to explore ways to further deepen the capital market in a bid to attract more local investors especially young Nigerians. Chairman of the Committee, Senator Solomon Olamilekan Adeola, gave the commendation […]
Tag: Consolidated Revenue Fund (CRF)
Nigeria Records 51% Oil Revenue Shortfall, As Buhari Proposes N3.6Trn For Debt Servicing In 2022
President Muhammadu Buhari on Thursday disclosed that the Federal Government’s share of oil revenue as at July this year totalled N570.23 billion, representing 51 percent shortfall from the budgetary target for the seven months period. Buhari gave this hint in his address on the proposed N16.39 trillion Appropriation Bill 2022 at the National Assembly. He […]