FAAC shares N699.824bn revenue in December 2021 to FG, staes, LGs
The Federation Accounts Allocation Committee (FAAC) shared a total of N699.824 billion in December 2021 from the Federation Account
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ECONOMY
FGN postpones removal of fuel subsidy over inflation fears
Nigeria’s Finance Minister, Zainab Ahmed, on Monday said that the government has suspended the plan to remove fuel subsidy
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FG sets N3.019tr target for Customs in 2022
The Federal Government has urged the Nigeria Customs Service (NCS) to generate N3.019 trillion revenue in 2022. According to
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World Bank $750m support will complement FG’s social investment, job creation, others -Osinbajo
As part of the Buhari Administration’s plan to take 100 million Nigerians out of poverty in ten years, the World
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Decision on petrol subsidy removal to come in June –NEC
The National Economic Council (NEC) on Thursday said that decision on the removal of the subsidy on petroleum will be
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First NEC meeting of the year focuses on subnational ease of doing business demographic transition, others
Determined to consolidate the gains of the previous subnational surveys on Nigeria’s business climate, the National Economic Council (NEC) rose
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Nigeria to save $2bn annually on rice importation -Senate
The Senate has said Nigeria would save about $2 billion on rice importation and improve the country’s foreign exchange earnings
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Nigeria’s inflation rises to 15.63% for December, after eight-month decline
The National Bureau of Statistics (NBS) on Monday, said that Nigeria’s inflation rate rose to 15.63 per cent in December
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LCCI urges govt on creating enabling tax environment
The Lagos Chamber of Commerce and Industry(LCCI) has urged the government at all levels to ensure creation of an enabling
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Nigeria’s economy to grow by 2.5% in 2022 — World Bank
The World Bank has projected that the Nigerian economy would grow by 2.5 per cent in 2022, up from an
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