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2016 Partial Budget Implementation and its Implications

There has been a general weakening of economic growth in emerging market economy, the security challenges including insurgency in part of the North East, high rate of unemployment, huge infrastructure and housing deficit among others characterized the Nigerian economic landscape. These however have imposed...

Mixed Feelings As Recession Bites Harder

It is rainy day for the economy! The Minister of Finance, Mrs. Kemi Adeosun officially confirmed to Nigerians last month what economic experts have been hinting at since early this year, that the Nigerian economy is in recession after three straight quarters of negative...

Between Nigerian Economy and Progressive Economic Policy

The Nigerian economy has been plagued with several challenges over the years. In spite of many, and frequently changing, fiscal, monetary and other macro-economic policies, Nigeria has not been able to harness her economic potentials for rapid economic development. While it is believed in...

FG Begins Review of Tax Policy

The Federal Government has inaugurated a committee on the review an update of the national tax policy document as part of efforts to increase the non-oil revenue in the country. Speaking at the inauguration ceremony in Abuja, Minister of Finance, Kemi Adeosun said the review...

Non-oil revenue: Experts laud FG, urges blockage of more tax loopholes

Some financial experts have urged the Federal Government to strengthen taxes and levies collections to sustain the increase in the nation's non-oil revenue generation. The experts told news hunters in Lagos that government should tighten the existing loopholes in that sector to bridge the dwindling...

Adeosun Meets W’Bank Wednesday on Borrowing Plans

The Minister of Finance, Mrs. Kemi Adeosun, will on Wednesday meet the World Bank to finalise Nigeria’s “policy support document” needed to complete its application for funds to help plug the $11bn budget deficit. “What was delaying (budget support loans) was a lack of flexibility...