Nigeria’s public debt stock hits N38trn – DMO
The Debt Management Office (DMO) has released statistics showing that Nigeria’s total public debt stock rose by N2.54 trillion, from N35.465 trillion at the...
FG rolls out new tax regimes in 2022 – Minister
The federal government is set to roll out new tax regimes in 2022 saying the economy is now on the path recovery.
The minister of...
FIRS, customs’ waivers, under-remittance rob FG of billions of naira –...
The office of the auditor general of the federation has disclosed that unauthorized waivers granted by both the Federal Inland Revenue Services (FIRS) and...
FAAC shares N671.910bn for FG, states, LGAs
The Federation Account Allocation Committee (FAAC) shared a total of N671.910 billion to the federal, state and local governments for the month of October.
The...
FG seeks 23.73 per cent revenue allocation to local governments
The federal government has proposed 23.73 per cent revenue allocation to the local governments in the new revenue formula.
The secretary to the government of...
Buhari presents N16.39trn 2022 budget to national assembly
President Muhammadu Buhari yesterday presented the 2022 budget estimate to a joint session of the national assembly.
Christened ‘Budget of economic growth and sustainability’, the...
Borrowing unlimited as FG mulls collecting more loans to finance 2022...
The federal government yesterday hinted that it would have to borrow more to finance the N6.258 trillion deficits in the proposed 2022 budget.
The minister...
Lagos, Rivers, Anambra states can survive without federal assistance – BudgIT
BudgIT, a civic organisation that applies technology to intersect citizen engagement with institutional improvement to facilitate societal change, has said in its latest report...
Nigeria’ debt profile rises to N35.47trn in three months – DMO
The director general of the Debt Management Office (DMO), Ms. Patience Oniha, has disclosed that Nigeria’s debts rose from N33.11 trillion in March to...
CBN, NNPC, NCS under fire for withholding excess revenue
The senate committee on finance yesterday accused the Central Bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC) and Nigeria Customs Service (NCS) of...
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