Economic Confidential Stands by Report on RMAFC's Opposition to Tinubu's Tax Reform Bills, Publishes Full Memorandum The Economic Confidential has reaffirmed the accuracy of its report detailing the Revenue Mobilisation Allocation and Fiscal Commission’s (RMAFC) opposition to aspects of President Bola Tinubu's Tax Reform Bills....

RMAFC Questions Constitutionality, Equity in Tinubu's Tax Reforms The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has strongly opposed President Bola Ahmed Tinubu's contentious tax reform bill currently under consideration by the National Assembly. In a comprehensive nine-page memorandum obtained by Economic Confidential, RMAFC outlined a...

African Refiners Applaud Restoration of Port Harcourt Refinery The African Refinery Group has congratulated the Nigerian National Petroleum Company Limited (NNPCL) for the restoration of production and resumption of crude oil processing at the Port Harcourt Refinery Company. It said the reopening, which took place on...

Apartments Under 'Renewed Hope Estates Programme' Cost about N9 million – FG The Federal Minister of Housing and Urban Development, Musa Dangiwa, has revealed that government-funded one-bedroom apartments under the Renewed Hope Estates Programme cost N8 million to N9 million. However, those developed through Public-Private Partnerships...

FG Begins Electricity Subsidy for Public Hospitals The Federal Government said on Sunday that it had begun the implementation of electricity subsidies for public hospitals nationwide. This came as the Governor of Ogun State, Dapo Abiodun, stated that removing the subsidy on Premium Motor Spirit, popularly...

FG Targets 40% Transport Fare Cut with CNG Expansion The Federal Government of Nigeria has announced a plan to increase compressed natural gas infrastructure and cut transportation fares by over 40 per cent. This initiative was formalised during a Memorandum of Understanding signing ceremony in Abuja...