FG's Debt Servicing To Hit N10.43trn   The Federal Government has projected that debt servicing will cost N10.43tn by 2025, according to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper. This is a 182.66 per cent increase from the N3.69tn budgeted for debt service in...

FG To Implement Telecoms, Beverage Taxes Next Year   The Federal Government through the Budget Office of the Federation has revealed that it will begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023. This is despite backlashes from the Minister of...

FG Confirms Purchase of N1.4bn Worth Of Vehicles for Niger Republic   The Federal Government has confirmed that it purchased vehicles worth N1.4 billion to help Niger Republic tackle insecurity. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, gave the confirmation on Wednesday, explaining that...

Reps Summon Finance Minister, Others Over Power Plants Sale   The House of Representatives’ Committee on Finance has summoned the Ministers of Finance, Budget and National Planning, Zainab Ahmed and of Power, Abubakar Aliyu, over the planned sale of five power plants. Also summoned were the Director-General...

JUST IN: EFCC Arraigns Ahmed Idris, Suspended AGF Remanded in Prison   The Economic and Financial Crimes Commission (EFCC) has arraigned the suspended Accountant-General of the Federation, Ahmed Idris. Idris was arrested in Kano after he failed to respond to invitations by the commission to answer questions...

FG Aims to Generate N3.96tn revenue from oil, non-oil sectors Annually The Federal Government has approved a new revenue boost scheme aimed at generating N3.8tn annually and N160bn from non-oil and oil ventures respectively. The Senior Special Assistant to the Vice President on Media and Publicity,...