Electricity Tariff: FG Agrees To Provide Relief Of N10.20k/kW For Three Months       The Federal Government has agreed to provide a tariff relief of N10.20 per kilowatt of electricity for Nigerians for the next three months and also massively distribute free meters to electricity consumers. This was...

2021 Budget: Increasing IGR To Stave Off Debt Accumulation         Two things that stood out in President Muhammadu Buhari’s 2021 budget presentation at the National Assembly last week are the desire to steer the economy away from racking up debts to increasing its revenue generation capacity...

CBN Extends AGSMEIS Loans To 14,638 Applicants       The Central Bank of Nigeria has said it is extending its Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) loans to 14,638 applicants in August. In a communiqué from the last MPC report, it stated, “The Agri-Business/Small and Medium Enterprise...

Fuel, Power, VAT Increments Due To Tariff Hike – DSTV       MultiChoice Group, owners of the DSTV, has blamed the recent hikes in its subscription tariffs on high cost of production, especially the increment of Valued Added Tax and poor power supply leading to provision of...

2021 Budget: MDAs To Get N20bn For Electricity, Local Contractors       The Federal Government plans to settle the electricity bills of its ministries, departments and agencies with N5bn and offset the debts of local contractors with N15bn in 2021. It also plans to settle ex-workers of the...

RMAFC Recovers N474m Unremitted Excise Duty From Guinness       The Revenue Mobilisation Allocation and Fiscal Commission on Monday said it had recovered over N474m excise duty from Guinness Nigeria Plc. The Chairman of the commission, Elias Mbam, said the recovered money had been remitted into the Federation...