Budgeting Economy News Extra Latest News National Assembly

2020 Appropriation Bill Scales Second Reading In Senate

The 2020 Appropriation Bill on Tuesday scaled second reading on the floor of the Senate. Consequently, upper chamber adjourned its plenary until 29th November to enable government Ministries, Departments and Agencies (MDAs) defend their budget proposals before the Committees of the Senate. The Senate President, Ahmad Lawan, in his concluding remarks during the debate on […]

Latest News Taxation

FG Generates $2.68Bn Revenue From Total, Chevron, Others

The Federal Government received $2.68 billion, about N817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017 as taxes and other fees paid by the International Oil Companies (IOCs) for their operations. Documents obtained from the Canadian government indicated that these figures were provided by the IOCs under Canada’s extractive industry […]