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FG Will Save N10trn On Fuel, FX Subsidies Removal – CPPE

FG Will Save N10trn On Fuel, FX Subsidies Removal - CPPE   Nigeria is going to save about N10tn annually by the elimination of subsidies on Premium Motor Spirit, popularly called petrol, and foreign exchange, a report released on Sunday by Centre for the Promotion of...

Nigeria To Earn N6trn Yearly From Fuel Subsidy Removal, Says CPPE

Nigeria To Earn N6trn Yearly From Fuel Subsidy Removal, Says CPPE     The removal of fuel subsidy would unlock a minimum of N6 trillion in revenue into the federation account annually. This was disclosed by an economic think tank, the Centre for the Promotion of Private Enterprise...

“Nigeria’s Corporate Tax Rate, Global Highest”

"Nigeria’s Corporate Tax Rate, Global Highest"   The Centre for the Promotion of Private Enterprises (CPPE) has called for the review of Nigeria’s tax laws, saying that the corporate tax at about 34 percent represents the highest globally. The firm noted that the current tax regime stifles...

How FG Spent N41.9 Billion On Debt Servicing In January

How FG Spent N41.9 Billion On Debt Servicing In January The Central Bank of Nigeria (CBN) new data has revealed that Nigeria’s monthly debt servicing increased by $31.46 million in one month to $101.29 million in January, which is about 45 per cent jump month-on-month. As...