Nigeria’s Revenue Up 3.28 Per Cent To N1.26trn In July .Crosses N1trn In 2nd Consecutive Month
THE revenue inflow to the federation account from the oil and non-oil sector increased by 3.28 percent to N1.26 trillion in July 2022 from the N1.22 trillion recorded in June.
According to the details in the revenue report of the office of the Accountant General of the Federation, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) raked in N292.8 billion, while the Nigeria Customs made N190.26 billion for the month.
Recall that in the first half of 2022, petroleum subsidy claims surpassed oil and gas revenue from crude sales by N210 billion.
