Dangote Fertiliser Crucial to Govt Agricultural Agenda – Minister

Dangote fertiliser inspection by Agriculture Ministry of Nigeria

..Plant set for unveiling  The Federal Government has asserted that Dangote Fertiliser Limited is very important to the achievement of its Agricultural Transformation Agenda, aimed at boosting food security in the country. Besides, the construction of the Fertiliser plant has been fully completed and is set for commissioning in the next few months. The Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, who stated this during a facility tour of the Dangote Fertiliser plant in Lagos at the weekend, called on the company to assist the Federal Government’s …

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FIRS generates N1.2 trillion tax revenue in second-quarter of 2020

FIRS Chairman discussing on tax matter and Nigeria Tax revenue

Nigeria generated N1.2 trillion tax revenue in the second quarter of 2020, marginally lower than the N1.27 trillion quarterly target. Data from the Federal Inland Revenue Service (FIRS) have shown. The figure also indicated a decrease when compared to the N1.4 trillion tax collections in the second quarter of 2019. These figures contained in the Q2 performance report published by the service. Details of the collection showed that the petroleum profit taxes generated N440 billion, a huge increase when compared to the N71 billion target. The non-oil taxes, however, did not meet…

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Nigeria GDP: View and Download Gross Domestic Product 1960-2019

Nigeria GDP image showing a sicty-year time series data

The Nigeria GDP; Gross Domestic Product at current prices is what this post is all about. The source of indicators in this post is from World Bank Data Bank. It shows the data for this indicator over a period of 60 years (i.e. Nigeria GDP from 1960 to 2019 in nominal values). To start with, what is GDP? GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an…

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Electricity Generation: Nigeria Records Highest In History

a image showing a site that added to increased electricity generation

Nigeria on 1st August attains electricity generation of 5,377.8MW The federal government announces that National Grid generates highest electricity in the Nigeria’s history. According to a tweet by the Hon. Minister of Power, Engr. Sule Mamman saying that the achievement came  through evacuation of load centers. The minister also appreciates all that make it happen and promises better electricity generation for Nigerians. The tweet read; “On the 1st of Aug 2020, the National Grid made history, by attaining a new record peak generation of 5,377.8MW of Electricity which was successfully…

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