Petrol Landing Cost Drops to N900/litre The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36, dropping to N900.28 per litre on Thursday. According to the latest data released by the Major Energies Marketers...

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,...