Tinubu to Present N47.9trn 2025 Budget to NASS on Tuesday
President Bola Tinubu is set to present the N47.9 trillion 2025 budget to the national assembly on December 17.
Senate President Godswill Akpabio announced the development at a plenary on Thursday.
“The president has made his intention...
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...
GenCos Received Below 40% of 2024 Invoice
The Nigerian Electricity Regulatory Commission (NERC) has admitted that power generation companies in the country have so far received less than 40 percent of their 2024 invoice.
Yusuf Ali, commissioner, planning research and strategy at NERC, made this known...
Report Reveals How 29 States Spent N2tn on Recurrent Expenditures
A total of 29 state governors spent N1.994tn on recurrent expenditures, including refreshments, sitting allowances, travelling, and utilities in the first nine months of 2024.
It was also gathered that the states obtained a N533.29bn loan,...
FG Vows to Exceed OPEC Oil Production Quota in 2025
The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated that the plan to produce 2.06 million barrels of crude oil per day in 2025 remains on course despite the 1.5mbpd oil production...
