The Muhammadu Buhari-led government has said the country spends N18.39 billion daily on petrol subsidy payments. Naija News reports that the Minister of Finance, Budget and...
Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Minister of Communication and Digital Economy, Prof Isa Ali Pantami, have been set on a...
The Federal Government has said that the debt servicing will cost N10.43tn by 2025, with economists saying that the rising cost of debt service can trigger...
“I can tell you that Nigeria is broke. There is no money to fund capital projects next year. As you can see, the dollar that has...
The Federal Government will generate about N160.46bn from excise duty on telephone calls and mobile data in 2023. According to the Nigerian Communications Commission (NCC), the government...
In the last seven years, the budget deficit in Nigeria has risen to at least N30.58 trillion. This was revealed in the data released concerning the...
Controversial media scholar, Farooq Kperogi has expressed shock over President Muhammadu Buhari’s approval for the purchase of N1.145 billion worth of vehicles for Niger Republic. Naija...
The government of Nigeria led by President Muhammadu Buhari has confirmed that it purchased ten vehicles for Niger Republic. The federal government gave the confirmation on...
The National Association of Telecoms Subscribers has described the Federal Government’s decision to increase the total consumption tax on telecom services to 12.5 per cent as...
A report issued by the Federation Account Allocation Committee (FAAC) showed there was a rise in allocation shared by federal, state and local governments in the...
The Nigerian National Petroleum Corporation (NNPC) in 2021 said fuel subsidy gulped N1.43tn, although there was no record for under-recovery in January. According to Punch, the...
Economic and energy experts have predicted tougher days for Nigerians as the Federal Government plans to spend the sum of N6.7tn on fuel subsidy next year...
President Muhammadu Buhari will on Wednesday (today) depart Abuja to join his counterparts in Dakar, Senegal, to participate in the International Development Association (IDA) for Africa...
President Muhammadu Buhari on Wednesday reshuffled his cabinet, assigning new portfolios to ministers. Naija News reports that this is coming less than a year to the...
Nigeria’s number one citizen, President Muhammadu Buhari would be departing the country today to join his counterparts at the ongoing 26th Commonwealth Heads of Government Meeting...
There is bitter lamentation coming from states over the delay in the payment of salaries and capital expenditures, says the Federation Account and Allocation Committee. Due...
More trouble has come upon the Accountant-General of the Federation, Ahmed Idris, as the Economic and Financial Crimes Commission makes fresh discoveries. Nigeria’s anti-graft agency has...
The Muhammadu Buhari-led Federal Government has suspended the embattled Accountant-General of the Federation, Ahmed Idris. Naija News reports that the Minister of Finance, Budget and National...
The Federal Government has imposed a five per cent excise duty on telephone recharge cards and vouchers. Naija News reports that President Muhammadu Buhari gave the...
The Federal Government of Nigeria has stated that over 5000 debtors owe its agencies about N4.67tn. Zainab Ahmed, the Minister of Finance, Budget, and National Planning...