• About
  • Advertise
  • Contact
Sunday, June 8, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Agriculture/ Water/ Mineral

NIWA Targets N34.39bln Revenue In 2025

Vital News by Vital News
January 30, 2025
in Agriculture/ Water/ Mineral, News
0
NIWA Targets N34.39bln Revenue In 2025
Share on FacebookShare on Twitter

The National Inland Waterways Authority (NIWA), has proposed N9.054 billion as revenue to be remitted into the Consolidated Revenue Fund (CFR) from the total targeted revenue of N34.389 billion in the 2025 fiscal year.

The N9.05 billion targeted as revenue to be remitted into CFR in 2025 by NIWA, according to its Managing Director and Chief Executive Officer, Bola Oyebamiji, is about 200 per cent increase on N2.625 billion remitted into CFR in 2024.

Oyebamiji stated this in Abuja on Wednesday during his presentation to the National Assembly joint Committee on Marine Transport .

He said the N9.054 billion projected to be remitted into CFR in 2025 comprise of 50 per cent IGR remittance which is N2.756billion, 40 per cent of Port Development Levy (PDL) remittance which is N5.775 billion from the projected N28.875 billion .

Others according to him, are proceeds from lease of properties which is estimated at N496.894million and Tender Documentation estimated to be N25.629 million, all totalling N9.054 billion .

RelatedStories

Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth N300mln To Students Across Kogi State

Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia

Nigerian Pilgrims To Saudi Arabia To Start Returning Home Monday, June 9 – NAHCON

Kidnappers Demand N1billion Ransom For Release Of Chinese, Nigerian Kidnapped At Kwara Mining Site

“The projected astronomical increase on revenue to be remitted by NIWA into the Consolidated Revenue Fund in 2025 , largely arose from the estimated N28.875 billion Port Development Levy in the fiscal year as against N13.219 billion realised in 2024,” he said .

Apparently satisfied with his presentation the Joint Committee Chaired by Senator Wasiu Eshilokun ( APC Lagos Central ), urged the Managing Director of NIWA, to move from 91 per cent budget performance it recorded in 2024 to 100 percent in 2025 .

Senator Eshinlokun said the projected IGR and remittance into the Consolidated Revenue Fund when compared to those of 2024, are encouraging but this committee believes that NIWA can even surpass its projections in the fiscal year .
(Radio Nigeria / vitalnewsngr.com)

Tags: LeaseNIWAremittancesrevenue
Previous Post

Niger Donates ₦174mln To Victims Of Dynamite Explosion

Next Post

NNPCL, Partners Commence Construction Of Five Mini-LNG Plants In Kogi

Vital News

Vital News

RelatedStories

Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth  N300mln To Students Across Kogi State
News

Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth N300mln To Students Across Kogi State

June 7, 2025
Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia
News

Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia

June 7, 2025
Hajj 2025 : CBN Approves Cash-based BTA For Pilgrims To Ease Travel Demands
News

Nigerian Pilgrims To Saudi Arabia To Start Returning Home Monday, June 9 – NAHCON

June 7, 2025
Smuggling Scandal : Police Denounce False Allegation Against IGP
News

Kidnappers Demand N1billion Ransom For Release Of Chinese, Nigerian Kidnapped At Kwara Mining Site

June 7, 2025
Eid -el-Kabir : Imam Hashim Urges Muslims To Guard Faith, Show Love, Kindness To Others
News

Eid -el-Kabir : Imam Hashim Urges Muslims To Guard Faith, Show Love, Kindness To Others

June 7, 2025
Next Post
NNPCL, Partners Commence Construction Of Five Mini-LNG Plants In Kogi

NNPCL, Partners Commence Construction Of Five Mini-LNG Plants In Kogi

Ododo Says LNG Plants Will Position Kogi As Key Player In Nigeria’s Energy Sector

Ododo Says LNG Plants Will Position Kogi As Key Player In Nigeria’s Energy Sector

Collapsed Mosque : MURIC Visits Site, Asks LASG To Rebuild Mosque, Compensate Parents Of Victim Within Six Months

Islamophobia, Amnesia Responsible For Opposition To Shariah – MURIC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Police Nab Suspected Killers Of Oyo Perm Sec, 34 Others

Police Nab Suspected Killers Of Oyo Perm Sec, 34 Others

1 year ago

Police warn thugs to stay off Abuja council polls

3 years ago

Idanre Forest Reserve: Group Demands Apology from Akeredolu for Threatening 96yr-old Traditional Ruler

3 years ago
Bello Signs Kogi State Free Examination Registration Fees Bill, 14 Others Into Law

Bello Signs Kogi State Free Examination Registration Fees Bill, 14 Others Into Law

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Kidnappers Demand N1billion Ransom For Release Of Chinese, Nigerian Kidnapped At Kwara Mining Site

Eid -el-Kabir : Imam Hashim Urges Muslims To Guard Faith, Show Love, Kindness To Others

Eid-el-Adha : Kogi HoS, Dr Evinemi Felicitates Gov. Ododo, Civil Servants, Muslim Ummah

Eid-el-Kabir : GIMP Urges Muslims To Promote Peace, Religious Tolerance

Dangote Commits N900billion To Road Construction, Names Road To His Refinery After President Tinubu

Eid-el-Adha : Kogi First Lady Felicitates with Muslim Ummah, Urges Sacrifice,Unity,Generosity

Trending

Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth  N300mln To Students Across Kogi State
News

Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth N300mln To Students Across Kogi State

by Vital News
June 7, 2025
0

The Senator, Representing Kogi West Senatorial District, Sen. Sunday Steve Karimi has concluded arrangements to disburse N300million...

Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia

Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia

June 7, 2025
Hajj 2025 : CBN Approves Cash-based BTA For Pilgrims To Ease Travel Demands

Nigerian Pilgrims To Saudi Arabia To Start Returning Home Monday, June 9 – NAHCON

June 7, 2025
Smuggling Scandal : Police Denounce False Allegation Against IGP

Kidnappers Demand N1billion Ransom For Release Of Chinese, Nigerian Kidnapped At Kwara Mining Site

June 7, 2025
Eid -el-Kabir : Imam Hashim Urges Muslims To Guard Faith, Show Love, Kindness To Others

Eid -el-Kabir : Imam Hashim Urges Muslims To Guard Faith, Show Love, Kindness To Others

June 7, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi West Senator, Sunday Karimi Set To Disburse Scholarship Worth N300mln To Students Across Kogi State June 7, 2025
  • Fire Engulfs Hotel Accommodating 484 Nigerian Pilgrims In Saudi Arabia June 7, 2025
  • Nigerian Pilgrims To Saudi Arabia To Start Returning Home Monday, June 9 – NAHCON June 7, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In