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Tax Reforms to Promote Fairness, Says Tinubu

Tax Reforms to Promote Fairness, Says Tinubu   President Bola Tinubu recently defended his four tax reform bills, which are currently under consideration by the National Assembly. These bills aim to streamline tax administration, enhance revenue generation, and promote equitable resource allocation, ultimately making Nigeria more competitive...

FG, World Bank Partner on $600m Rural Road Development Project

FG, World Bank Partner on $600m Rural Road Development Project   The Federal Government, in collaboration with the World Bank, has allocated $600m to rehabilitate 200,000 kilometers of rural roads under the Rural Access and Agricultural Marketing Project. Principal Information Officer at the Federal Ministry of Agriculture...

Nigeria, Africa’s Debt Servicing Costs Hit $74bn – AfDB

Nigeria, Africa's Debt Servicing Costs Hit $74bn – AfDB   Nigeria and other African countries require about $74bn for debt servicing this year amid increasingly limited access to affordable liquidity, the Vice President and Chief Economist, Economic Governance and Knowledge Management, African Development Bank Group, Prof...

FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present

FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present   The Federal Government on Monday approved the 2025 budget proposal. This follows the Senate’s endorsement of the Medium-Term Expenditure Framework 2025 – 2027 on November 22. President Bola Tinubu will present the proposed N47.96tn budget to...

Tax Reforms Bill have not Addressed Nigeria’s Regional Uniqueness – Report

Tax Reforms Bill have not Addressed Nigeria’s Regional Uniqueness – Report A recent survey by SBM Intelligence alleges that the federal government’s proposed tax reforms fail to account for the unique characteristics of certain Nigerian regions. The report, however, admits that the reforms aim to reduce...

Fact-Check: No Inheritance Tax in Tinubu’s Tax Reform Bill, Says PRNigeria

Fact-Check: No Inheritance Tax in Tinubu's Tax Reform Bill, Says PRNigeria PRNigeria has debunked claims that inheritance tax has been introduced into President Bola Ahmed Tinubu’s Tax Reform Bill to target Muslims. The assertion, which gained traction on social media platforms, particularly WhatsApp, was based...