FG: Petrol Would Cost at Least ₦2,000/Litre If Subsidy Returns
The Federal Government has again defended the removal of the petrol subsidy, warning that bringing back the policy could push petrol prices to at least ₦2,000 per litre.
Shettima: Nigeria to Back UN Secretary-General Candidate Based on Equity, Africa’s Interests
Vice President Kashim Shettima says Nigeria will support candidates for the position of United Nations Secretary-General based on equity, justice and fairness.
FG Reduces Interest Rate on Late Tax Payments
The Order, signed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, applies to taxes that are not paid by the due date under Section 65…
VIDEO: President Tinubu Rejects Calls to Restore Fuel Subsidy
President Bola Tinubu has rejected calls to reverse his administration’s removal of the petrol subsidy, describing the position of an unnamed political opponent as a “demonstration of serious ignorance on…
$5bn Abu Dhabi Loan: FG Defends Decision to Withhold Details
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended the Federal Government’s $5 billion financing facility with First Abu Dhabi Bank, rejecting calls for detailed…
FEC Orders Forensic Probe of Govt Processes Over PFIPC Scandal
The Federal Executive Council (FEC) has ordered a comprehensive forensic investigation into government processes and internal controls following the Independent Corrupt Practices and Other Related Offences Commission (ICPC) investigation into…
Economic Boost: FG Clears ₦700bn Debt, Pays 1,240 Local Contractors
The Federal Government has approved payments to more than 1,240 contractors across the country as part of efforts to inject liquidity into businesses and fulfil outstanding financial obligations owed to…