FG Moves To Reduce Oil Production Cost To $10     The Federal Government is working towards attaining a $10 per barrel production cost sealing in the oil and gas sector, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva, who stated this yesterday...

The Revenue Mobilisation Allocation and Fiscal Commission has called on the Federal Government to raise the rate of the Value Added Tax from the current five per cent to between 7.5 per cent and 10 per cent. It said the need to increase the VAT rate...