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Under Koko’s Watch, NPA Exceeds Revenue Target, Sets N89.9bn Remittance Record - Politics - Nairaland

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Under Koko’s Watch, NPA Exceeds Revenue Target, Sets N89.9bn Remittance Record by Itopalucky(m): 6:02pm On Nov 21, 2021
“For operating expenses, as at the end of September 2021, actual spending stood at N55.10bn as against the budgeted figure of N65.49billion, comprising employees’ benefits, pension costs, towage services, supplies, repairs & maintenance and other administrative overheads.

“This indicates a ‘savings’ of N10.39billion or 85 per cent performance of the approved budget of N87.32 billion.

“Furthermore, in compliance with the quarterly remittance of its operating surplus to the Consolidated Revenue Fund and provisions of the Finance Act 2020, the Authority has remitted the sum of N62.66billion to CRF for the year 2021 as at October 31, 2021, while a cumulative sum of N89.9billion has been transferred to the CRF in the last six months. “At the current state of increased revenue drive, it is projected that the Authority will exceed its 2021 revenue projections and the projected transfer to the CRF for the year 2021 which is expected to be over N80billion, which would be the highest in the history of the authority,“ he said.
https://ngg.ng/under-bello-kokos-watch-npa-exceeds-revenue-target-sets-record-of-over-n89-9bn-remittance-to-crf-in-6-months

Re: Under Koko’s Watch, NPA Exceeds Revenue Target, Sets N89.9bn Remittance Record by pregnantMan: 6:07pm On Nov 21, 2021
Please someone should spare me any amount to pay to to work tomorrow.. have commented on a few trends today just for that, abeg make person hear me out abeg. I need to start date work tomorrow early morning

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