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PH Area 1, Customs Revenue up by 10.6% as it Rakes In Over 57 Billion in 7months modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Reps approve fresh $1.5billion, €995M FG borrowing plan On By Tordue Salem The House of Representatives Thursday, approved the External Borrowing Plan of the Federal Government to the sum of over $1.5billion and €995million. Besides, it adopted a report of its Finance Committee, to issue from the Statutory Revenue Fund of the Federal Inland Revenue Service (FIRS) the total sum of N 216, 646, 579, 231. 00 (Two Hundred and Sixteen Billion, Six Hundred and Forty–Six Million, Five Hundred and Seventy–Nine Thousand, Two Hundred and Thirty–One Naira). Out of the sum N107, 521, 496, 984. 00 (One Hundred and Seven Billion, Five Hundred and Twenty–One Million, Four and Ninety–Six Thousand, Nine Hundred and Eighty–Four Naira) only is for Personnel Cost, while the sum of N 56, 469, 218, 415, .00 (Fifty–Six Billion, Four Hundred and Sixty–Nine Million, Two Hundred and Eighteen Thousand, Four Hundred and Fifteen Naira) only is for Over Head Cost, and th ....
Vanguard News Reps receive Customs, FIRS 2021 budget reports On By Levinus Nwabughiogu-Abuja House of Representatives yesterday received the reports of 2021 budgets for both the Nigerian Customs Service, NCS and the Federal Inland Revenue Service FIRS. While the chairman, House Committee on Customs, Hon. Leke Abejide presented that of Customs, the chairman, Committee on Finance, Hon. James Faleke laid that of the FIRS. Similarly, the House also consolidated two bills seeking to provide a legal framework for the establishment of national social investment Programmes for the assistance and empowerment of the poor and vulnerable in Nigeria. Presenting the Customs report, Abejide said the budget of the agency for the 2021 fiscal year stood above N1trillion. ....
New revelations show how Kogi State Governor, Yahaya Bello, allegedly launders hundreds of millions of Naira of state cash through proxies and state officials, award contracts without due process, award contracts to non-legal persons, and wanton circumvention of procurement procedures. Other documented financial sharp practices by Bello also include, borrowing from non-capital markets, fraudulent loans, award of contracts to vested interests, payments without transaction descriptions and award of contracts to non existing companies. According to a Kogi based transparency group, Anti-Corruption Network, Bello allegedly ordered the transfer of a total of N735,596,904 (Seven Hundred and Thirty Five Million, Five Hundred and Ninety Six Thousand, Nine Hundred and Four Naira) to SANUSI BELLO IBRAHIM without description with the highest sum as N134,101,935 (One Hundred and Thirty-Four Million, One Hundred and One Thousand, Nine Hundred and Thirty- Five Naira) on the 18th Dec ....