"The overall conformity level since the beginning of the 'Declaration of Cooperation' in January 2017 is well above 100%, coming in at 116%. Nigeria’s Federal Govt Revenue data was reported at 938.720 NGN bn in Dec 2019. The half year 2018 states and FCT IGR figure hits N579.49bn compared to N453.83bn recorded in half year 2017. "The rise in price was attributed to the efforts of the Organisation of Petroleum Exporting Countries, OPEC to remove excess oil from the volatile market.Specifically, the prices of Brent, West Texas Intermediate, WTI and Organisation of Petroleum Exporting Countries, OPEC Basket stood at $63.02, $55.26 and $60.93 respectively.In its recent report, OPEC that expects increased stability in the market stated: "The Joint Ministerial Monitoring Committee (JMMC) has expressed its utmost satisfaction with the steady and robust achievements of the two-year old 'Declaration of Cooperation' between OPEC and participating non-OPEC oil producing countries. "The underlying drivers of the 2019 revenue projections have been adjusted to reflect current realities. The data reached an all-time high of 1,738.810 NGN bn in Sep 2019 and a record low of 339.100 NGN bn in Mar 2005.
Nigeria’s oil and gas sector represents about 65% of government revenues. Instant access to full history data in excel The new Regulations replace the Income Tax (Transfer Pricing) Regulations, 2012 (old Regulations) and shall apply to financial years beginning after 12 March 2018. "Non-oil revenue, at N946.90 billion or 67.6 per cent of the total, was below the proportionate quarterly budget estimate of N1.4 trillion and the level in the preceding quarter by 32.4 per cent and 17.0 per cent, respectively. Of the total revenue, Federation Account accounted for 90.4 per cent, while VAT, Excess crude/PPT, Federal Government Independent Revenue, Excess Non-oil and Exchange Gain accounted for 4.3, 3.5, 1.4, 0.3 and 0.1 per cent, respectively"The estimated Federal Government expenditure for the fourth quarter of 2018 stood at N1.83 trillion and was below the proportionate quarterly budget estimate of N2.38 trillion by 23.1 per cent and the level in the preceding quarter by 3.4 per cent. A further breakdown of the recurrent expenditure showed that the non-debt component accounted for 53.8 per cent, while debt service payments was 46.2 per centThus, the fiscal operations of the Federal Government resulted in an estimated deficit of N910.41 billion, compared with the proportionate quarterly budget deficit of N488.62 billion. Includes all below related indicators: 11 series
Nigeria’s oil revenue rises by 129% to N9.4tr in 2018 – Nigeria’s oil revenue shop up by 129 percent to N9.4 trillion in 2018 buoyed by increased crude oil price. The data reached an all-time high of 1,738.810 NGN bn in Sep 2019 and a record low of 339.100 … Nigeria’s Federal Govt Revenue data is updated quarterly, averaging 835.285 NGN bn from Mar 2005 to Dec 2019, with 60 observations. Instant access to full history data in excel Instant access to full history data in excel There is no data available for your selected dates.There is no data available for your selected dates. Donates 200 Ventilators to Help Fight Covid-19Full Text of Prof Utomi's Opening Statement At NCFront's BriefingBaha Speaker Nominated As Nutrition Champion in Nigeria2023 - Ebonyi Diaspora Indigenes Chide Umahi Over Election CommentsBuhari, Governors Call for Joint Effort to End Nigeria ConflictsGetting to Grips With the Covid-19 Outbreak in NigeriaWomen, Girls at Nigeriaâs Displaced, Refugee Camps Abused 'Daily'Building Africa's Largest Oil Refinery Has Share of ChallengesEx-Minister Charged with Graft Singles Out Nigeria's Yahoo Boys#BBNaija Housemates Vote Eric, Tochi Out of the GameBuhari to Service Chiefs - How Do Terrorists Get Arms?Nimasa, Ship Owners Set for Double Hull Vessel RegimeFull Text of Prof Utomi's Opening Statement At NCFront's BriefingInternational Youth Day - Nigerian Youths Crown Uzodimma Pan-Nigeria GovernorIllegal Waste Dump - Lagos Declares Zero Tolerance On Cart Pushers, Arrests 13Osinbajo's Office Not in Charge of SIP Procurement - RepsMission Is to Establish Formidable Mass Movement for Creation of Inclusive Democratic Platform - Na'abbaForeign Affairs Minister, Geoffrey Onyeama, Recovers From Covid-19Buhari, Governors Call for Joint Strategy to End ConflictsAtiku to Nigerian Youths - I Shall Continue to Offer My Shoulders for You to ClimbIgbo Elites Have Turned Down Nnamdi Kanu's Rhetoric's to Achieve Restructured Nigeria - Nwodo2023 Presidency - Are Igbo Still Being Punished for the War, Ex - Governor AsksNigeria Leads Africa in Data Protection, Despite Low Awareness - NITDA DGFull Text of Ghali Umar Na'abba's Concluding Speech At NCFront's ConferenceIheanacho Offers Solution to Cadets' Sea Time CrisesOsun Osogbo Festival - Govt Bans Procession, Allows Only Worshipers Access to ShrineCovid-19 - Governor Okowa Commends Bua Group's Boss, Rabiu, On DonationsIze-Iyamu Backs Foreign Visa Ban for Political Actors Aiding ViolenceNigeria Innovation Week - Only Innovation Can Put Nigeria Ahead of OthersCourt Restrains Edo Govt, Officials From Further Defaming Hosa OkunboDelta Approves 10 Private Schools As Centres for BECEUganda: Kampala-Entebbe Expressway, World's Most Expensive Road?Is South Africa Considering Military Intervention in Mozambique?Ex-Minister Charged with Graft Singles Out Nigeria's Yahoo Boys
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