Economic Confidential

NDLEA Uncovers illegal Drug laboratory in Enugu

NDLEA Uncovers illegal Drug laboratory in Enugu The National Law Drug Enforcement Agency (NDLEA), Enugu State Command, says it has discovered an illegal laboratory manufacturing methamphetamine in the state. The NDLEA Commander in the state, Mr Adeyemi Adeofe, disclosed this on...

FG Auctions N100bn bonds on March 27

FG Auctions N100bn bonds on March 27 The Federal Government (FG) will auction by subscription N100 billion worth of bonds on March 27, the Debt Management Office (DMO) says. The DMO said in a circular on its website on Tuesday in...

VAT Increase to fund N30,000 minimum wage

VAT Increase to fund N30,000 minimum wage The approved new minimum wage of N30,000 by the senate may be funded from proposed increase in value added tax(VAT), Budget and National Planning Minister, Senator Udoma Udo Udoma, has said. At plenary on...

Capital Market Can Lead Nigeria Out of Poverty- Experts

Capital Market Can Lead Nigeria Out of Poverty- Experts The government has been urged to make the capital market the fulcrum of its industrialisation agenda and economic development in a bid to urgently lead the country out of poverty . This...

Health expenditure Gets Priority in 2019 – Udo Udoma

Health expenditure Gets Priority in 2019 - Udo Udoma The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said that Health expenditure would be given priority in the 2019 fiscal year even in the face of revenue...

Senate Endorses N30,000 Minimum Wage

Senate Endorses N30,000 Minimum Wage The Senate of the Federal Republic of Nigeria has approved the proposed new National minimum wage of N30,000. The new minimum wage Act CAP N61 Laws of the Federation of Nigeria (LFN) repeal and re-enactment Bill,...
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