Nigeria earns N1.8tr from petroleum tax, royalties

Nigeria earns N1.8tr from petroleum tax, royalties

Ike Amos 07 March 2018, Sweetcrude, Abuja – Nigeria earned N1.801 trillion from Petroleum Profit Tax, PPT, and royalties in 2017, latest data obtained from the Central Bank of Nigeria, CBN, has revealed. According to the CBN’s Economic Report for the Fourth Quarter of 2017, the amount earned from PPT and royalties appreciated by 51.09 per …

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