In contrast, the well-explored hydro-carbon industry produced about N15bn in VAT from four different groupings.
Sectors such as textile and garment as well as pharmaceuticals, soaps and toiletries, performed better than the mining sector. The government was able to get N36.82bn or 11.81 per cent shorter than it did between April and June 2019.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Under Threat: Emerging Alternatives Leave Nigeria’s Oil Jobs Battling Bleak Future | Sahara ReportersThe reliance on crude oil sales, which amounts for about 90 per cent of Nigeria's foreign exchange earnings has led the government to pay little or no attention to the development of renewable energy or other viable sectors with the potential to create employment for Nigerians. I do not think they should feel threatened, they can just consider diversifying. This is good news
Source: SaharaReporters - 🏆 9. / 63 Read more »