Revenue Shortfall: Senate Backs Merger Of MDAs

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

He said there was a new economic order in Nigeria that required MDAs to think of alternatives to improve the revenue base of the country.

He said the emphasis at the moment was how best to earn more foreign exchange, adding that cocoa, groundnut and palm oil were major foreign exchange sources for Nigeria in the past.

“We are having shortfalls in daily crude oil production and so we must make frantic steps to bring back the groundnut, cocoa, rubber and palm oil produce to earn more foreign exchange for Nigeria,” he said. Adeola said the Senate was committed to ensuring the setting up of the required regulatory bodies to drive the production of the commodity products.

He also called for the provision of relevant data on monthly, yearly production and sale of cocoa from the Cocoa Research Institute of Nigeria.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Na Now wey dem don chop am finish dem eyes don dey clear

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NEITI: FG has recovered N2.6trn revenue from oil companies | TheCableThe Nigeria Extractive Industries Transparency Initiative (NEITI) says the federal government has recovered N2.6 trillion in revenue from oil firms due to the intervention of the national assembly. Ogbonnaya Orji, nigeriaeiti Nice one nigeriaeiti Pay ASUU
Source: thecableng - 🏆 2. / 80 Read more »