Mining Marshals Shift Focus to Protecting Legitimate Investors, Revenue

Mining Marshals Shift Focus to Protecting Legitimate Investors, Revenue

By Zainab Uzomah| Abuja Mining Marshals have stepped up nationwide enforcement against operators violating mining regulations, with the specialised unit warning that illegal activities will increasingly attract prosecution. The Commander of the Mining Marshals, Assistant Commandant of Corps John Onoja Attah, said the crackdown is not only aimed at stopping illegal mining but also at protecting legitimate investors and plugging revenue leakages in the solid minerals sector. According to him, […]

September 8, 2026 18

NEWS

Customs Intercepts ₦809.7m Expired Vapes, Records ₦19.4bn June Revenue

By Zainab Uzomah| Abuja The Nigeria Customs Service, Kirikiri Lighter Terminal Area Command, has intercepted expired disposable vape products valued at more than ₦809 million, as the Command recorded ₦19.4 billion in revenue for June 2026. According to the statement signed by the Command’s Public Relations Officer, Chief Superintendent of Customs VU Ogagbor, the Acting Customs Area Controller, Deputy Comptroller Bolaji Lukman Adigun, disclosed the figures during a media briefing […]

July 30, 2026 35

NEWS

Seme border command generates 3.48BN In revenue

By Zainab Uzomah|Abuja The Customs Service says revenue generated at the Seme border post has risen sharply, driven by increased agricultural exports and improved trade facilitation. According to a statement signed by the Public Relations Officer of the Seme Area Command, JT Ayagbalo, the Customs Area Controller, Wale Adenuga, said the command generated 3.48bn naira in February 2026, even before the month ended. He disclosed this at a stakeholders’ meeting […]

February 27, 2026 18

NEWS

CBN blames ageing pipelines for oil revenue crash

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies. According to the apex bank’s latest economic report for the third quarter of 2024, oil revenue fell by 24.72 per cent to N1.30tn compared to the second quarter of 2024. This drop was largely due to lower receipts from petroleum profit tax and royalties. […]

December 27, 2024 102

BUSINESS

Nigeria not generating enough revenue to support devt – IMF

Nigeria is not earning enough revenue to support its developmental needs, the International Monetary Fund has disclosed. According to the IMF, the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to support the country’s social safety nets, development spending, and protect its vulnerable households. The Director of the IMF’s Communications Department, Julie Kozak, revealed this during a press briefing on Thirsday. Responding […]

December 11, 2023 101

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