FG To Deploy PPP To Boost Excise, Tax Revenue   The Federal Government is deploying an Integrated Secure Track and Trace Solution to boost revenue through excise and tax collection. The Public-Private Partnership (PPP) solution, which will adopt the Build, Operate and Transfer option, will allow the...

Nigeria Debt Servicing Gulps N6.16trn In 16 Months   Debt service gulped N6.16tn in 16 months, according to the 2023-2025 Medium Term Expenditure Framework & Fiscal Strategy Paper. In 2021, the Federal Government spent N4.22tn on debt service, and further N1.94tn between January and April 2022. A breakdown...

Senate, Minister Clash Over N12.43trn 2023 Budget Deficit   The Senate, through its Committee on Finance, has disagreed with the Minister of Finance, Budget and National Planning, Zainab Ahmed, as well as heads of revenue generating agencies in the country on the proposed 2023 – 2025...

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...

Pantami vs Zainab: Is New Duty on Telecom Service Justifiable? by Fom Gyem   In order to raise money, the federal government through the finance ministry, and the Nigerian Customs Service (NCS) have suggested a 5% excise duty on telecommunications services such as calls, SMS, and...

Reps Summon Finance Minister Over Petrol Subsidy   The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy regime from 2013 to 2022 has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, to appear before it on Tuesday next week...