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Presidency Pressures Ministers, Others Over N2.3trn Stimulus Package

Presidency Pressures Ministers, Others Over N2.3trn Stimulus Package       There are indications that the Presidency is pressurizing ministries and departments of the Federal Government to begin implementation of the N2.3 trillion stimulus package earmarked to tackle the economic distortions and hardships caused by the COVID-19 pandemic,...

COVID-19 Cut Off 40% Of Our Revenue – Osinbajo

COVID-19 Cut Off 40% Of Our Revenue - Osinbajo     The Federal Government’s revenue fell by 40 per cent due to the impact of COVID-19 pandemic, the Vice President, Prof. Yemi Osinbajo, said on Tuesday. The Senior Special Assistant to the President on Media and Publicity, Office...

FG Disburses N20bn To Beneficiaries Under National Microfinance Scheme

FG Disburses N20bn To Beneficiaries Under National Microfinance Scheme   The Central Bank of Nigeria has disbursed N20bn to 7,000 beneficiaries through the National Microfinance Bank across the country. A statement from the Senior Special Assistant to the President on Media & Publicity, Office of the Vice...

Twenty Food Items, Others Get VAT Exemption

Twenty Food Items, Others Get VAT Exemption   About 20 basic food items, locally manufactured sanitary towels, pads and tuition fees relating to nursery, primary, secondary and tertiary education have been added to the exemption list of goods and services on the VAT under the Finance...

Business Registration Fee Cut by 50%

Business Registration Fee Cut by 50% Vice President Yemi Osinbajo has announced the Federal Government’s approval of a 90-day special window for business registration at a reduced rate of N5000 only. A statement, signed by Laolu Akande, Senior Special Assistant to the President on Media and...

I Approved NNPC Loans Not Contracts- Osinbajo

Vice President Yemi Osinbajo has said he did not sign N640billion oil contracts when the President was in London on medical leave. A statement by the Senior Special Assistant to the President on Media and  Publicity, Mr.  Laolu Akande said the VP only gave approval...