Fed Govt Moves For Full Implementation Of ECOWAS Brown Card         The Federal Government has moved for the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the ECOWAS member states. The Minister of Finance, Budget and...

Fed Govt To Spend N766bn On COVID-19 Vaccination       The Federal Government is planning to spend a total of N766 billion for vaccination against Coronavirus (COVID-19) in 2021 and 2022. The government is seeking the approval of N367.502 billion through a Supplementary Budget to finance the COVID-19...

Nigeria’s Debts May Rise Above N60trn By Q1, 2021       Nigeria's debts may rise above N60 trillion by the end of first quarter following a move by the Federal Government to convert its N11.91 trillion indebtedness to the Central Bank of Nigeria (CBN) to formal securitised...

Fed Govt Forecloses Petrol, Electricity Subsidies         The Federal Government is not subsiding Premium Motor Spirit, popularly called petrol and has no plan to do so, Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Tuesday. She also stated that the government did not make...

FG Spent N6.46trn On Debt Servicing, Personnel In 2020         The Federal Government spent a total of N6.46tn on debt servicing and workers in 2020, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said. She also disclosed that the government released a total...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...