BUSINESS

Nigeria Records N472.07Bn As CIT In Q2 2021

 

The NBS in the data published on its website on Wednesday said, “Professional services generated the highest amount of CIT with N130.09 billion generated, closely followed by other manufacturing which generated N87.27 billion, while banks and financial institutions generated N60.01 billion.

 

“Textile and garment industry generated the least with N27.23 million, closely followed by automobiles and assemblies with N62.15 million and pioneering with  N64.30 million generated.”

 

The bureau said that out of the total amounted generated in the period under review, N412.74 billion was generated as CIT locally while N51.61 billion was generated as foreign CIT payment.

 

It added that the balance of N2.72 billion was generated as CIT from other payments.

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