Cost of revenue collection hit N924.73b in 2024 amid calls for scrapping
The cost of revenue collection by Nigeria’s key revenue-collecting agencies—namely the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), and Nigerian Upstream Petroleum Regulatory Commission (NUPRC)—has continued to rise despite improved technology that has made revenue collection easier and more efficient. The NCS receives 7 per cent of customs levies and duties, the FIRS […]
Continue Reading
