Senate Probes Accountant-General Over Alleged N978bn From SWVs   The Senate on Tuesday began probing the Office of the Accountant-General of the Federation over the N978billion it allegedly received from the Service Wide Votes (SWV), between 2017 and 2021. The said N978billion comprises both capital and recurrent...

FG Rakes In N1.4trn From VAT, CIT In 3 Months – NBS   The National Bureau of Statistics (NBS) has disclosed that the federal government generated N1.435trn from Value Added Tax (VAT) and Company Income Tax (CIT) in the third quarter of 2023. NBS, in reports it...

How We Seized 5,500 Tons Of Drugs Worth N450bn In 22 Months - Marwa     The Chairman of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (rtd), has disclosed that the Agency has in 22 months seized over One Hundred Million pills...

Buhari Says FG Generated $547m From 5G Auction   President Muhammadu Buhari has disclosed that the auctioning of the 5G spectrum generated $547 million into federal government coffers. He also applauded the contributions of the digital economy in driving economic growth, creating employment and generating revenue for...

NASS To Pass New Revenue-sharing Formula, Budget Thursday   President Muhammadu Buhari has transmitted the Finance Bill 2022 to the National Assembly as the federal parliament is billed to pass the 2022 Appropriation Bill by Thursday. Speaker of the House of Representatives, Femi Gbajabiamila, at the plenary...

World Bank Says 80 Million Nigerians Risk Job Loss In 2030   The World Bank has disclosed that 80 million working-age Nigerians will not have a full-time job by 2030 if the nation doesn’t improve its employment rate. It added that 23 million more Nigerians would ill...