"> NPA Management Gives Scorecard About Generation and Remittance To CRF - Sahel Standard
October 26, 2020
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NPA Management Gives Scorecard About Generation and Remittance To CRF

Recap on revenue generation and remittance to the Consolidated Revenue Funds (CRF) since the inception of the current NPA Management.

Recap on revenue generation and remittance to the Consolidated Revenue Funds (CRF) since the inception of the current NPA Management.

In 2016, the Authority’s revenue went up to N182.423 billion as against the N173.447 billion generated in 2015.

In 2016, the Authority’s revenue went up to N182.423 billion as against the N173.447 billion generated in 2015.

These improvement trajectories have continued as the 2018 generation hit N282.418 billion while 2019 peaked at around N300 billion, making it the highest in the Authority’s history. SEE Tweet Below

The volume of the Authority’s contribution to the Consolidated Revenue Fund Account has progressively increased since the current Management took over in 2016.

Highlights of Contribution to the Consolidated Revenue Funds (CRF) from 2013 to 2018: i. 2013- N13.1 billion ii. 2014- N18.5 billion iii. 2015- N18.0 billion iv. 2016- N23.8 billion v. 2017- N30.3 billion.

Contribution to CRF in 2018 peaked at N33.6 billion.

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