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Declining Revenue Raises FG’s Deficit To N1.3trn In Q3, 2020

Declining Revenue Raises FG’s Deficit To N1.3trn In Q3, 2020           The Federal Government (FG) recorded a 42 percent shortfall in revenue collected in the third quarter 2020 (Q3’20) which resulted in deficit spending of N1.29 trillion during the quarter. The deficit spending recorded in the period...

Reps Urge Extension of SIM Card Registration, NIN Linkage Deadline

Reps Urge Extension of SIM Card Registration, NIN Linkage Deadline         The House of Representatives yesterday urged the federal government to extend the deadline for the synchronisation of subscribers’ SIM card registration with their National Identification Number (NIN) by telecommunication service providers to 10 weeks. The Minister...

NASS Extends 2020 Capital Budget Implementation To March

NASS Extends 2020 Capital Budget Implementation To March       The Senate on Wednesday passed an executive communication from President Muhammadu Buhari, seeking the extension of the implementation of the capital components of the 2020 budget from December 31, 2020 to March 31, 2021. Buhari, through his Minister...

FG Writes NASS, Seeks Fresh 2020 Budget Review

FG Writes NASS, Seeks Fresh 2020 Budget Review         The Federal Government has written to the National Assembly to demand a fresh review of the 2020 Appropriation Act. The Minister of Finance, Budget and National Planning, Zainab Ahmed, particularly asked the House of Representatives to extend the...

We’ve Recovered Missing N5bn NHIS Funds – Sambo

We’ve Recovered Missing N5bn NHIS Funds – Sambo         The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover more missing funds. Sambo said this while delivering...

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan         Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover. The airlines, under the aegis of...