Economic Confidential

Panel Recommends Merger of Customs, FIRS

The National Tax Policy Review Committee that was constituted by the Federal Government last month has recommended the merger of the Federal Inland Revenue Service and the Nigeria Customs Service. The committee, headed by Prof. Abiola Sanni, was set up...

‘We’ll Use Current Crisis to Unlock Economy’s Potential’

The Federal Government has said it would use the current economic crisis to unlock the potential of key sectors of the economy. The Minister of Budget and National Planning, Senator Udo Udoma, stated this at the 57th conference of the...

FG to Raise N340bn in Bonds in Q4 – DMO

The country plans to raise between N250bn and N340bn ($794.91m -$1.08bn) in local currency-denominated bonds in the fourth quarter of this year, the Debt Management Office (DMO) has said. The debt office said it would auction between N90bn and N120bn...

Sokoto Gov Tussle: Supreme Court to Rule on December 9, 2016

The Supreme Court will on December 9, 2016 deliver judgment in a legal action challenging the propriety of nomination of Governor Aminu Waziri Tambuwal by the All Progressive Congress (APC) for the 2015 gubernatorial election in the state. The apex...

Senate Rejects Sale of National Assets

The senate has voted against the sales of National Assets in tackling the current economic recession ravaging the country. ‎The senate took the decision, following a motion by Minority Leader, Senator Ali Ndume, urging the upper legislative chamber to reject...

NNPC Moves to Exit JV Cash Call Arrears

The Nigerian National Petroleum Corporation (NNPC) is set to work out modalities that would enable it exit Joint Venture cash call arrears by ensuring that outstanding and future payments are liquated from oil and gas royalties and taxes under...
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