Amid complaints of low power generation, the electricity distribution companies were able to raise monthly revenue from N95bn in January to N100bn in March 2024.
Tag: REVENUE
FG, states, LGs share N1.1tn August revenue
The Federation Account Allocation Committee says it shared N1.1tn among the three tiers of government for August 2023. FAAC disclosed this in a communiqué issued
FAAC shares N786bn to FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion to the federal, state a d Local Governments. It represented their
Oil revenue crash pushes FG’s deficit to N513bn in February
The Federal Government’s fiscal operations in the early part of this year have resulted into a 22.8 per cent rise in deficit spending in February
Seplat Energy grows revenue by 36.9% amid crisis
Indigenous energy company, Seplat Energy Plc, grew its revenue by 36.9 per cent to $331m in the first quarter of 2023 compared to $241.8m in
Railway debt servicing gulps N246bn, NRC revenue tumbles
The Federal Government spent $548.67m (N246.11bn using the official exchange rate of N448.55 to a dollar by the Central Bank of Nigeria ) to service
