FEC approves N19.52 billion for road construction

The sum of N19.52 billion has been set aside for the construction of roads in Oyo, Niger, Kano, and the ...

land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019 , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020 , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

Economy: Funding MSMEs in Nigeria

November 22, 2019

FEC on Wednesday approved the issuance of a Sovereign Guarantee from the Credit Suisse AG London Branch and a syndicate ...

Nigerians knock Fashola over comments on “bad roads”

by Bamidele Samuel Adesoji

November 7, 2019

Babatunde Fashola appeared to have angered many Nigerians with his latest comments on the state of the country’s roads.

NCDMB launches LPG Composite Cylinder Manufacturing plant in Bayelsa, IOCs, Nigeria, Timipre Sylva, crude oil, Minister proposes 2020 timeline for rehabilitation of Warri, Kaduna refineries , FG to cut huge energy cost through gas commercialisation initiative, FG discloses plan to sell fuel at N97 per litre , FG give reasons why it won’t allow marketers determine petrol price despite deregulation, FG explains reasons for deregulating downstream oil sector

Nigeria gets real with $62 billion demand from IOCs

by Emmanuel Abara Benson

October 17, 2019

Timipre Sylva stated yesterday that the government knows that the full amount expected from the IOCs might never be recovered.

FEC approves N314 billion for new projects

FEC okays N5.4 billion for gas parks, airport security project

by Joseph Olaoluwa

October 17, 2019

The sum of N5.4 billion has been approved for the development of oil and gas parks and indoor shooting range ...

Why FEC meeting was postponed till Monday

by Joseph Olaoluwa

October 5, 2019

The Presidency has rescheduled the extraordinary FEC meeting expected to hold today till 12 noon on Monday, October 7th.

FEC approves N314 billion for new projects

by Chidinma Nwagbara

September 26, 2019

N311.8 billion has been approved by the Federal Executive Council (FEC) for the construction and rehabilitation of two link roads.

Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year , FG secures World Bank’s approval to borrow $3 billion , debt, FG to develop new economic development plan Vision 2040 , Nigeria’s infrastructure gap: Too little too late? , Again, Finance Minister argues that Nigeria is not in debt distress , FG defends $22.7 billion new loans from World Bank, others , Finance Minister wants investors to curb Nigeria’s medical tourism through health investment

Nigeria’s VAT Increase: Penny-Wise, Pound Foolish

by Bamidele Samuel Adesoji

September 17, 2019

VAT is imposed on all goods and services sold in Nigeria, including imports; as stipulated under section 4 of the ...

FG approves N6.28 billion for 24-month repair works on Third Mainland Bridge

FG to construct, fix 14 roads with N166 billion

by Abiola Odutola

September 14, 2019

Following the memorandum sent by the Ministry of Works and Housing to the Federal Executive Council, the Federal Government (FG) has ...

NECA cautions FG on 7.2% VAT, says it's anti-minimum wage

NECA cautions FG on 7.5% VAT, says it’s anti-minimum wage

by Abiola Odutola

September 13, 2019

The Nigeria Employers’ Consultative Association (NECA) has said the implementation of the 7.2% Value Added Tax approved by the Federal Executive ...

Tag: Federal Executive Council