Finance Minister Insists on more Taxes to Reduce Nigeria’s Debt Burden   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has insisted that only the collection of more taxes and effective blocking of revenue leakages were realistic measures that would drastically cut borrowings...

NNPCL To Sign Gas Pipeline Contract With Morocco, West African Countries   The Nigerian National Petroleum Company Limited (NNPCL) will tomorrow (Thursday) sign a Memorandum of Understanding (MoU) on a gas pipeline project with the National Office of Hydrocarbons and Mines of Morocco and the commission...

ILO Urges FG to Invest More in Social Protection The International Labour Organisation (ILO) has appealed to the Nigeria government to increase investment in social protection through improved fiscal space, legal framework to make the right to social protection a reality for all Nigerians including...

EU Inaugurates €1.3bn Nigeria Green Economy Project The European Union (EU) has inaugurated the ‘Team Europe Initiative (TEI) Nigeria Green Economy’ project aimed at stimulating sustainable climate-smart agriculture and renewable energy for economic growth and diversification. The EU ambassador to Nigeria and Economic Community of West...

Nigeria, European Business Leaders Seek Better Business Environment At the 8th EU-Nigeria Business Forum taking place this week in Lagos, business leaders and government officials from Nigeria and Europe are set to identify new ways to unlock the Nigerian economy. According to a statement by organisers,...

FG: Tax exemptions, Incentives Fail To Stimulate Remittances, Growth The Minister of Finance, Budget and National Planning, Zainab Ahmed, says despite the Federal Government’s efforts to harness the benefits of tax exemptions and concessions, the incentive has rather led to huge revenue loss to the...