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Lagos, Others Get More N75bn MSMEs Fund Beneficiaries

Lagos, Others Get More N75bn MSMEs Fund Beneficiaries       Lagos, Kano and Abia States will produce more beneficiaries than any other state and the Federal Capital Territory in the sharing of the Economic Sustainability Plan’s N75bn Micro, Small and Medium Enterprises Survival Fund. This was contained in...

FG Seeks NASS’s Approval For Issuance Of N35bn Promissory Notes

FG Seeks NASS's Approval For Issuance Of N35bn Promissory Notes         The federal government yesterday revealed plans to issue promissory notes worth N35.813 billion to 30 local contractors. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this during the 2021 budget defence held...

COVID-19: We Spent N3.5trn On Economic Growth – CBN

COVID-19: We Spent N3.5trn On Economic Growth - CBN       The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in a review of the 132nd...

No Plan To Increase VAT, Others – Fed Govt

No Plan To Increase VAT, Others – Fed Govt       The Federal Government has refuted speculations it plans to increase the Value Added Tax (VAT) and other taxes in its proposed Finance Bill. Minister of Finance, Zainab Ahmed, who spoke while defending the Ministry’s budget before the...

FG Not Monitoring 240 Revenue-generating Agencies – Senate

FG Not Monitoring 240 Revenue-generating Agencies - Senate       The Senate on Thursday expressed worry over the failure of agencies to remit revenues into the purse of the Federal Government. It also challenged the Office of the Accountant General of the Federation to develop a modern software...

We’ll Commence Oil Exploration In Chad Basin Soon – Fed Govt

We’ll Commence Oil Exploration In Chad Basin Soon – Fed Govt         The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin. The exercise was suspended by the government in July 2017 after suspected members of Boko Haram attacked...