The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
The Federal Government has received N3.2 trillion as Petroleum Profits Tax and Royalties from the third quarter of 2015 to third quarter of 2017.
According to the Economic Report of the Central Bank of Nigeria, oil receipt at N1.27 trillion during the quarter under review was lower than the proportionate quarterly budget estimate by 6.2 per cent, but was above the receipts in the preceding quarter by 59.7 per cent.
CBN says the decline in oil revenue relative to the proportionate quarterly budget estimate was due to the shortfall in receipts from crude oil and gas exports.
Related posts:
Leaked documents reveal money laundering scam worth $2tn
Nigeria earns N397bn from LNG, LPG Export
Nigeria earns N3.8tr from Crude export in three months
Nigeria earns N808b from VAT, says NBS
Nigeria earns $640.4 million from crude export – NNPC
Nigeria earns N35trn from Tax in 8 years- FIRS
FG earns $2bn from Onne Free Zone in 6 years
Senator trains 3500 Youth on ICT in Ogun, earns commendation
