Nigeria’s earnings from PPT, royalties dip by N114bn

Ike Amos 25 July 2016, Sweetcrude, Lagos — Nigeria’s economic woes worsened further, as the country’s earnings from Petroleum Profit Tax (PPT) and Royalties dipped by N114.5 billion in the first four months of 2016 to N397.6 billion. Particularly, the Central Bank of Nigeria, CBN, in its Economic Report for April 2016, stated that earnings […] More »