• About
  • Advertise
  • Contact
Wednesday, September 17, 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

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

“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

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi
Environment

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi

September 17, 2025
GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China
News

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

September 17, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT
National

Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18

September 17, 2025
Catholic Priest Kidnapped In Kogi
News

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

September 17, 2025
Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery
News

Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

September 17, 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

Nigeria Records $3.23 billion From Non-Oil Exports

Nigeria Records $3.23 billion From Non-Oil Exports

1 month ago
Vote Buying : Police Report Indicts Ladi Adebutu, Ogun PDP Governorship Candidate

Vote Buying : Police Report Indicts Ladi Adebutu, Ogun PDP Governorship Candidate

2 years ago
BRICS Nations Agree To Expand Developing World Bloc

BRICS Nations Agree To Expand Developing World Bloc

2 years ago

Three killed, many injured in Kogi bank robbery

4 years 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 cement 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 students Tinubu
No Result
View All Result

Highlights

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

President Tinubu Returns To Abuja

Anti-graft Group, YPU, Decries Disrepair State Of Hospitals, Roads In Yobe In spite Alleged Release Of N1 trillion

Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

Trending

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi
Environment

Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi

by Vital News
September 17, 2025
0

There were jubilations on Wednesday Sept 17, 2025, as Dangote Cement Plc, Obajana Plant, and the Jakura...

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China

September 17, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT

Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18

September 17, 2025
Catholic Priest Kidnapped In Kogi

Kidnappers Release Kogi Catholic Priest, Rev. Fr. Ezeamba

September 17, 2025
Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

Our CNG Drivers Enjoy Life Insurance, Housing Loans, Earn Three Times The Minimum Wage – Dangote Refinery

September 17, 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

  • Dangote Cement, Jakura Community, Sign Landmark Development Agreement In Kogi September 17, 2025
  • GSF Publisher, Lawal Sale, Bags Silk Road Global News Award In China September 17, 2025
  • Tinubu Lifts Emergency Rule In Rivers, Fubara, Deputy, Speaker Resume Tomorrow, September 18 September 17, 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