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FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks

FG to Disburse N400bn Gas Fund to Beneficiaries in 2 Weeks The Federal Government has said that it is going to provide another N400bn gas infrastructure fund to beneficiaries of the scheme in the next two weeks. The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed...

51% Rise in Food Import Sparks Price Hike Fears

51% Rise in Food Import Sparks Price Hike Fears   Agriculture stakeholders have predicted a new cycle of food price hikes by midyear of 2025 following increased food imports in 2024. The value of food imports in the previous year grew by 51.06 per cent to N3.78tn...

FIRS, Flutterwave Collaborate on Digital Tax Platform

FIRS, Flutterwave Collaborate on Digital Tax Platform   The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to enable seamless digital tax collection, making the fintech company one of the few supporting the government’s efforts to modernise tax payments. Flutterwave disclosed this in a statement...

Reps Pass Tax Reform Bills

The four bills — the Nigeria tax bill, the Tax Administration bill, the Joint Revenue Board Establishment Bill, and the Nigeria Revenue Service Bill, scaled third reading during plenary on Tuesday.

AMCON Recovers N2.1tn from Debtors

The Asset Management Corporation of Nigeria (AMCON) said it has recovered over N2.1tn in debts despite its challenges since inception.

Reps Recover N28.7bn from Oil Firms for FG

Reps Recover N28.7bn from Oil Firms for FG The House of Representatives’ Public Accounts Committee has fulfilled its promise to recover outstanding revenue due to the Federation Account after recovering $19,241,109.35 (approximately N28.7bn) from two oil companies. The committee’s investigation, which is based on findings from...