FG Says Autogas Adoption Will Save N1.84trn – FG   The switch from the use of Premium Motor Spirit, popularly called petrol, to autogas will save about N1.84tn monthly for commercial vehicle operators in Nigeria, the Federal Government has said. It disclosed...

NNPCL Not Receiving Payments For Gas, Power Supplies – Kyari   The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday said it is not getting payments for the supply of gas and power. It said it was one of the reasons why...

FG Spent $1.1bn On Foreign Debt Service   As Nigeria continues to grapple with economic challenges, it has emerged that the federal government spent $1.169 billion to service its debt obligation from January to June 2023. According to the export and international...

Nigeria’s VAT Performance Lowest In West Africa – FG   The Federal Government, on Tuesday, raised concern over the performance of the Value Added Tax (VAT) in Nigeria as the lowest in the West African region. While describing the development as worrisome,...

Stock Investors Gain N1.93trn In Two Days   Investors gained N1.93 trillion in two consecutive trading days as the stock market rose to the highest level since 2008, driven by positive responses to policy measures of the new administration led by...

We Are Not Merging Revenue Generating Agencies — Fed Govt   The federal government has disclosed that it has no plans to merge revenue-generating agencies as speculated in some sections of the media. President Bola Tinubu’s special adviser on revenue, Zacchaeus Adedeji,...