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Subsidy Removal: FG Urged To Prepare Nigerians For Higher Fuel Prices

Subsidy Removal: FG Urged To Prepare Nigerians For Higher Fuel Prices   The Federal Government has been urged to prepare Nigerians for higher fuel prices that will follow the removal of the petrol subsidy in 2023. This is the outcome of two online polls carried out by...

Fed Govt Generates N1.09trn From Indirect Taxes

Fed Govt Generates N1.09trn From Indirect Taxes   The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data from the National Bureau of Statistics. This represents a 10.29 per cent increase from N984.33bn obtained in the first two quarters...

FG To Raise N225bn New Bonds From Investors

FG To Raise N225bn New Bonds From Investors The federal government will today conduct its regular primary auction of new bond issuances with a view to raising additional N225 billion from the domestic capital market. Investment firms at the weekend doubled up efforts at pre-auction marketing...

FG To Reinstate Cocoa Board, Improve Farmers’ Earnings

FG To Reinstate Cocoa Board, Improve Farmers’ Earnings The Federal Government yesterday inaugurated the National Cocoa Management Committee (NCMC) to see to the re-establishment of the Nigeria Cocoa Board and also ensure Cocoa farmers benefit from the Living Income Differential (LID) of $400 per tonne...

FG Says 1.9m Vulnerable Nigerians’ll Get N38bn Grants

FG Says 1.9m Vulnerable Nigerians’ll Get N38bn Grants   More than 1.9 million vulnerable Nigerians are to benefit from about N38bn being disbursed as grants of N20,000 each to beneficiaries under the Grant for Vulnerable Groups programme of the Federal Government. Data released in Abuja on Friday...

DisCos Blame FG On Failed N100bn Subsidy After Privatisation

DisCos Blame FG On Failed N100bn Subsidy After Privatisation   The Association of Nigerian Electricity Distributors (ANED) has blamed the federal government for failing to provide a N100 billion fund and other promises after the 2013 privatisation to ensure the Distribution Companies (DisCos) improve services. According to...