Budget Office Warns FG of Imminent Crisis as Debt Rises The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to its poor debt-to-revenue ratio, stressing that “trouble” looms for the country if it exceeds its limits. The Director-General of...

FG Says No Funds to Finance, Establish New Agencies The Federal Government has disclosed that it had no funds to finance the establishment of another or more agencies in Nigeria, as the existing ones were already too many. This was revealed at the Ministries, Departments and...

Akabueze: Why Insist On Punishing Citizens With Telecom Tax By Fom Gyem I watch with interest an Arise Television interview where the Director General Budget Office, Ben Akabueze disclosed that the suspension of the proposed excise duty on players in the digital economy would worsen...

As Angry Nigerians Attack DG Budget Office, Ben Akabueze, over Insistence on Five Percent Telecom Tax By Zeenat Sambo It all started like a joke on June 29, 2022 when the Federal Government announced that telecommunications subscribers would pay extra five percent tax on calls, SMS,...

Telecom: Akabueze Contradicts Pantami, Says 5% Tax Stands   Contrary to the pronouncement by the minister of communications and digital economy, Isa Ali Pantami, that the five percent telecom levy had been suspended, the director-general of the Budget Office, Ben Akabueze, has maintained that the tax...

Over 30m Nigerians Refuse To Pay Tax ― DG Budget, Akabueze   Over 30 million Nigerians who are generating taxable incomes are not paying tax, compounding the effort of government to broaden its revenue, the Director-General of Budget Office (DG), Dr Ben Akabueze, has lamented. Speaking at...