HomeBusiness

Business

Senate: Capital Projects to Gulp N8.7trn as Tinubu Presents N27.5trn Budget

Senate: Capital Projects to Gulp N8.7trn as Tinubu Presents N27.5trn Budget  President Bola Tinubu has presented the N27.5 trillion budget estimates for the 2024 fiscal year to a joint session of the National Assembly for consideration. The fiscal document tagged “Budget of Renewed Hope’’ was presented...

Gas Production Declines Despite FG’s N250bn Intervention Fund to 15 Companies – Report

Gas Production Declines Despite FG’s N250bn Intervention Fund to 15 Companies - Report The Energy Institute report has revealed that the production of natural gas fell last year despite an N250bn intervention fund provided to fifteen companies. According to the industry report in partnership with KPMG,...

Afenifere Urges FG to Meet December Refinery Repair Deadline

Afenifere Urges FG to Meet December Refinery Repair Deadline The pan-Yoruba socio-cultural and political organisation, Afenifere, on Thursday, urged the Federal Government to work toward meeting its December deadline for the operation of refineries in Port-Harcourt, Rivers State. Economic Confidential reports that President Bola Tinubu, during...

Food Inflation: FG to Support Farmers with 31million MT Grains in 2024

Food Inflation: FG to Support Farmers with 31million MT Grains in 2024 The federal government says the production of 31 million metric tonnes of grains in 2024 is going to combat food inflation, create jobs and reduce poverty. Minister of State for Agriculture and Food Security,...

2024 Budget: Tinubu Proposes N8.6trn for Defence, Education, Health, Others

2024 Budget: Tinubu Proposes N8.6trn for Defence, Education, Health, Others By Kabir Abdulsalam President Bola Tinubu has proposed to spend N8.61 trillion naira on some five critical areas out of the N27.5 trillion budget proposal he presented to the National Assembly on Wednesday. The sectors are defence...

Budget: Finance Ministers Defend Tinubu’s Borrowing Plan

Budget: Finance Ministers Defend Tinubu’s Borrowing Plan Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and his counterpart in the Ministry of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, yesterday, defended the borrowing plan of the President Bola Ahmed Tinubu...