Subsidy Removal Suspension: FG Plans Supplementary Budget   The National Economic Council, in Abuja, asked the Federal Government to put the June deadline for petroleum subsidy removal on hold, pending the review of existing plans to provide palliatives for Nigerians. While arguing that the petrol subsidy should...

FG Considers Tax Holiday For Maritime Sector       The Federal Ministry of Transportation is seeking a package of tax incentives to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19. Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh,...

We’ll Soon Decide On ECOWAS Single Currency, FG Says   The Federal Government on Monday said it was studying the decision of eight West African countries to change the name of their common currency to Eco. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,...

FIRS Gets Approval To Collect Stamp Duty   The Federal Government has announced that the Federal Inland Revenue Service (FIRS) will automatically become an agency to collect the N50 Stamp Duty following the passage of the 2019 Finance Bill by the National Assembly which contains an...