Mass Metering First Phase'll Gulp N60bn - Fed Govt
The Central Bank of Nigeria is providing N60bn for one million electricity meters that are meant for free distribution to unmetered power users across the country, the Federal Government has said.
It disclosed this in a document...
Federation Account: How FG, States Shared N7.23tr in 2020
… FG Received N3.04 tr, States/LGCs Got N4.18tr
…Highest Allocations: Lagos N299bn, Delta N247bn, Akwa-Ibom N212bn, Rivers N198bn, Kano N174bn
…Lowest Allocations: Gombe, Ebonyi, Nasarawa, Ekiti and Kwara Received less than N80bn each
A new report by Economic...
Nigeria'll Lose Ten Years Of Economic Gain Under Buhari’s Administration - W/Bank
The Nigeria Development Update (NDU) report by the World Bank estimated that despite the country’s gradual recovery from the 2020 recession, Nigerian masses will continue to suffer the adverse effect of the economic...
FG Considers Reduction In Company Income Tax, Others
The federal government may consider reduction in Company Income Tax (CIT) and other taxes relating to the capital market from 25 per cent to 20 per cent. However, the reduction will be on a case-by-case basis, based...
Africa Can Tap Into New Sources Of Finance, Says IMF
The International Monetary Fund (IMF) says Africa could tap into new sources of finance with radical transparency.
Managing Director, IMF, Ms Kristalina Georgieva made the remark during a High Level Knowledge Event of the virtual 2021...
Audit Queries: Senate Threatens To Publish Erring MDAs’ List
The Senate on Tuesday pledged to publish the names of Ministries, Departments and Agencies of the Federal Government that failed to defend queries raised against them by the Auditor General for the Federation.
The President of the...
