How Nigeria Lost N13trn to Forex Subsidy — World Bank   The Federal Government incurred a significant loss of N13.2tn in foregone revenue as a direct consequence of the implementation of its foreign exchange subsidy policy between 2021 and 2023, the...

EWER: Building Community Resilience Should be Prioritised - Experts Experts have stated that as disasters and other threats become increasingly common, especially those occasioned by climate change, increasing globalization, and urbanization, hence, building resilience has become imperative to enhance communities’...

The Chairman, Presidential Committee on Fiscal Policy and Tax Reform, Mr. Taiwo Oyedele, has said Nigeria is not broke but facing the consequences of revenue leakages. 

Increasing the price of Premium Motor Spirit (PMS), also known as petrol, may reverse the already diminishing effects of fuel subsidy removal in Nigeria, according to the World Bank. 

According to Osagie Okunbor, the Managing Director, Shell Petroleum Development Company and Chair, Shell Companies in Nigeria, the company has no plans to leave Nigeria despite moves to divest its onshore assets. 

Festus Keyamo, the Minister of Aviation and Aerospace Development, is urging airline operators to patronise local caterers, especially for outbound flights, saying it would promote Nigeria’s cultural heritage and economic development.