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Solar Manufacturing Gets $500m Boost from Govs, Investors – Adelabu

Solar Manufacturing Gets $500m Boost from Govs, Investors - Adelabu   The Federal Government, in partnership with state governors and private investors, has secured nearly $500m to establish solar manufacturing plants across Nigeria, the Minister of Power, Adebayo Adelabu, has disclosed. Adelabu made this known at the...

New Tax Reforms to Tackle Multiple Levies – Oyedele

New Tax Reforms to Tackle Multiple Levies - Oyedele   The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the country’s haulage and logistics industry would be one of the major beneficiaries of the tax reforms being put in place. Oyedele...

UK Envoy, NGOs Commend Nigeria’s FATF Grey List Exit

UK Envoy, NGOs Commend Nigeria's FATF Grey List Exit   The United Kingdom High Commissioner to Nigeria, Richard Montgomery, and the Nigeria Network of NGOs have hailed Nigeria’s removal from the Financial Action Task Force grey list, describing it as a major step forward for the...

World Bank Plans $14bn Investment in Agriculture to Boost Productivity

World Bank Plans $14bn Investment in Agriculture to Boost Productivity   The World Bank plans to deploy as much as $14 bn to boost global agribusiness by 2030 through a new programme dubbed AgriConnect, part of a broader effort to create jobs and drive inclusive growth...

MDAs Receive N5.81trn for 2024 Capital Projects – Budget Office

MDAs Receive N5.81trn for 2024 Capital Projects - Budget Office   Ministries, Departments and Agencies (MDAs) of the Federal Government received a total of N5.81tn for capital projects in the 2024 fiscal year, according to the latest Budget Implementation Report released by the Budget Office of...

FG’s 2024 Revenue Surges by 68% to N20.9trn – Budget Office

FG's 2024 Revenue Surges by 68% to N20.9trn - Budget Office   The Federal Government’s total revenue inflow increased by 68.11 percent to N20.98 trillion in 2024 compared to N12.48 trillion recorded in 2023, the budget office of the federation has disclosed in its fourth quarter...