Nigeria: Govt suffers revenue shortfall of N423bn to low oil prices, pipeline vandalism

28 July 2016, Abuja – The Federal Government suffered a shortfall of N423.54 billion in revenue generation in the month of April, due to the current low oil prices at the international market. Specifically, the N391.33 billion, estimated federally-collected revenue in April 2016, fell short of the provisional monthly budget estimate of N814.87 billion by tN423.54 […] More »