Mr Babatunde Irukera, the Executive Vice Chairman, Federal Competition and Consumer Protection Commission (FCCPC), on Monday said the commission had a target revenue of N14.3 billion for 2023.

Irukera made this known at a hearing on the 2023-2025 Medium Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) orgnised by the House of Representatives Committee on Finance in Abuja.

The FCCPC boss said that before assuming office in April 2017, the commission had zero remittance into government coffers. Irukera said that under his watch at the end of 2017, about N41 million was remitted and that N34 million was also remitted at the end of 2018.

He said in 2019 after the establishment law was amended, N98 million was remitted and the commission pulled out from being funded by the treasury and became self-funded.

The FCCPC helmsman said in 2021, about N1.3 billion was remitted while in 2022, about N1.26 billion had been so far remitted.