Nigeria Customs Service reported 7.27 trillion Naira in revenue while the Federal Government set a 11 trillion Naira target for 2026.
3 reports, 1 independent
Updated Aug 11
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What happened
Nigeria Customs Service reported 7.27 trillion Naira in revenue while the Federal Government set a 11 trillion Naira target for 2026.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Nigerian Federal Government used the naira for revenue allocation.Also in this story
- The high cost of political feasts is being paid using the Nigerian currency, the naira.
- FAAC distributes revenue to Nigerian tiers of government.
- ActionAid Nigeria calls for greater transparency in how the federal government manages funds for Nigeria's three tiers.
The entities involved
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federal government
highest, central, level of government in a federation
- The federal government launched the conversion of commercial vehicles to CNG, initiating free conversion programs and implementing sustainable energy initiatives nationwide in locations including Zaria and Ibadan.
- Nigeria faces calls for economic focus, the uncovering of an illegal oil refinery operation, and opposition fears regarding campaign restrictions.
Related events
- The Federal Government approved import duty waivers involving the Nigeria Customs Service.
- The Nigerian government approved Super Grids procurement and coordinated with agencies to resolve electricity transmission weaknesses.
- The Nigerian government implemented Naira flotation as a major economic reform.