Indirect Taxes Rise By 18.88% To N3trn – NBS   The indirect tax burden on Nigerians rose by 18.88 per cent to N3.03tn in 2022 amid an economic downturn and rising inflation. According to the National Bureau of Statistics, Nigerians paid N3.03tn as indirect tax in 2022,...

Oil Production Losses $2.5bn Monthly – NECA The Nigeria Employers’ Consultative Association has reported that the country has been losing about $2.5bn per month due to a failure to meet the Organisation of Petroleum Exporting Countries oil production allocation of 1.8m barrels of crude oil a...

NECA Charges FG to End, Unravel Subsidy Scam The Nigeria Employers’ Consultative Association has urged the Federal Government to unearth fuel subsidy scam and announce a definitive plan to remove it. The Director-General, NECA, Adewale-Smatt Oyerinde, said this while addressing journalists in Lagos recently. He explained that...