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Top News In எண்ணெய் துறை வெளிப்படைத்தன்மை Today - Breaking & Trending Today

Adigun: DPR Can Revoke Unproductive Marginal Field License

Adigun: DPR Can Revoke Unproductive Marginal Field License
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Breaking News | Nigerians To Pay N234 Billion Taxes Monthly with Petrol At N385 Per Litre

The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing. ....

Federal Capital Territory , Abuja Federal Capital Territory , Michael Faniran , Timipre Sylva , Ebo Ayodeji , Akpan Ekpo , Diran Fawibe , Henry Adigun , Hill Denham , Godwin Owoh , Yinka Omorogbe , Mele Kyari , Petroleum Products Pricing Regulatory Agency , International Energy Services Limited , Nigerian Association For Energy Economists , Petroleum Resources , Facility For Oil Sector Transparency , Central Bank , Federation Accounts Allocation Committee , Nigerian National Petroleum Corporation , Governor Forum , Premium Motor Spirit , West African , Group Managing Director , Internally Generated Revenue , Retail Investments ,

Nigerians To Pay N234 Billion Taxes Monthly With Petrol At N385 Per Litre

Nigerians To Pay N234 Billion Taxes Monthly With Petrol At N385 Per Litre
niyitabiti.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niyitabiti.net Daily Mail and Mail on Sunday newspapers.

Federal Capital Territory , Abuja Federal Capital Territory , Michael Faniran , Timipre Sylva , Ebo Ayodeji , Akpan Ekpo , Diran Fawibe , Henry Adigun , Hill Denham , Godwin Owoh , Yinka Omorogbe , Mele Kyari , Petroleum Products Pricing Regulatory Agency , International Energy Services Limited , Nigerian Association For Energy Economists , Petroleum Resources , Facility For Oil Sector Transparency , Central Bank , Federation Accounts Allocation Committee , Nigerian National Petroleum Corporation , Governor Forum , Premium Motor Spirit , West African , Group Managing Director , Internally Generated Revenue , Retail Investments ,

NNPC subsidiaries received N1.45 trillion in credit sales in 2019 -- Report

The monies were given for oil and gas supply, Dataphyte found.
Oil sales are Nigeria’s largest revenue source, and revenue shortages due to defrayed costs could cause a severe financial burden, including an increase in borrowings. This was evident in the corporation’s
financial account, with the posting of a loss of ₦16.3 billion in
2019 while the overall Group reported a ₦20.2 billion loss. In 10 years, it reported a
combined loss of ₦474 billion and ₦1.55 trillion, respectively.
NAPIMS and Kaduna refinery owe the bulk of unpaid bills
A breakdown of the credit sales showed that the loss-making Kaduna refinery and National Petroleum Investment Management Services (NAPIMS), a subsidiary managing the Nigerian government’s investments in the upstream sector, owed NNPC in unpaid bills to the tune of ₦470.08 billion and ₦534.8 billion, respectively. ....

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Uk Aid Cuts: Do We Really Need To Lose Our Sleep?

Uk Aid Cuts: Do We Really Need To Lose Our Sleep?
Source: Prof. Jideofor Adibe
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The recent announcement that the UK would slash the funding for overseas aid from 0.7 per cent of its Gross National Income to 0.5 per cent has generated angsts in some quarters. Though the British Foreign Secretary Dominic Raab promisedlegislation after admitting that the cut would be unlawful without it, vote on it at the Parliament was shelved and may actually not take place at all. It should be recalled that the country had in 1970 pledged to spend 0.7 per cent of its national income on aid as part of a United Nations pact in which 30 wealthy countries, including Britain, Germany and Japan vowed to meet this commitment each year. In 2015 Britain enshrined this into law. This led for instance to the country spending 15 billion pounds on aid in in 2019, an increase of 645 million pounds over the previous year which met the 0.7% U.N. target.It should however be noted that ....

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