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CATEGORY

Economy

Fuel Subsidy Removal: Tinubu Seeks Approval Of N500bn Palliatives From NASS

President Bola Tinubu has written to the National Assembly(NASS) seeking amendment to the 2022 supplementary appropriation Act to allow the Federal Government source N500...

Senate Investigates NNPCL Subsidy Claims

The Senate has constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited (NNPCL). This followed the...

President Tinubu To Integrate Revenue Collecting Agencies

The Special Adviser to President Bola Tinubu on Revenue, Zach Adedeji has revealed plans of President Tinubu to match all revenue collecting agencies in...

President Tinubu Appoints Taiwo Oyedele Chairman Tax Reforms Committee

President Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms and named Taiwo Oyedele as the chairman...

Abia State To Operate Treasury Single Account System

Abia State Government has announced its plan to transition to a Treasury Single Account (TSA) system with effect from September 1, 2023. This move, according...

Consumer Goods Firms’ Inventory Rises on Slow Demand

Consumer goods firms’ inventories slumps as businesses gradually manage stocks amid slowing demand in the face of a difficult business environment, with the stock-turnover-ratio...

President Tinubu Removes 5% Excise Tax, Signs Four Executive Orders

President Bola Tinubu on Thursday signed four Executive Orders one of which is the suspension of the  5% Excise Tax on telecommunication services as...

About 7,000 Debtors Owe MDAs N5.2 Trillion- FG

The Federal Ministry of Finance, Budget and National Planning revealed that at 7,000 debtors owe the federal ministries, departments and agencies (MDAs) over N5...

President Tinubu Assures Investors Of Policy Consistency

President Bola Tinubu, on Monday, assured the business community of his government’s commitment to policy consistency and better business climate to attract investment. President Tinubu...

SERAP Tells President Tinubu To Publish Details Of Spending Of N400bn Fuel Subsidy Savings

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to publish details of spending of about N400bn so far saved as...

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