Sunday, June 29, 2025

archiveApril 26, 2017

ECONOMYTOP STORY

FG revenues rise in March due to higher oil royalties

Federal Government’s distributable revenues rose to N467.81 billion ($1.53 billion) in March from 429 billion naira in February due to higher royalties from oil production, a government statement said on Tuesday. Distributable revenue is government income that is shared at various levels of state including the federal government, state governments...