NEC Cuts Flood Prevention Fund by 50%, Approves N83bn   The National Economic Council (NEC) on Thursday approved N83.21bn for the implementation of an Anticipatory Action Task Force to mitigate the impact of flooding and other climate-related disasters nationwide. This came as the Council held its 158th...

NEC Secretariat Gets N7.9bn Amid Funding Shortfalls for Agencies The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N7.895bn as funding for the operations of the Secretariat of the National Economic Council in 2025, despite widespread complaints by Ministries, Departments, and Agencies over inadequate...

Nigeria's Excess Crude Rises 13% in Two Years as Stabilisation Account Triples Nigeria’s Excess Crude Account (ECA) has grown by 13 per cent over the past two years, while the Stabilisation Account recorded more than a threefold increase, according to an analysis of presentations made...

Excess Crude Account Stands at $535,823 - AGF   The Accountant-General of the Federation, Shamseldeen Ogunjimi, on Thursday said Nigeria’s Excess Crude Account stood at $535,823.39 as of August. Ogunjimi disclosed this at the National Economic Council meeting chaired by Vice-President Kashim Shettima. The ECA was created...

Rethinking Tax Reform Bills Be By Sanusi Maikudi Premium Times' editorial advocating for the tax reform bills demonstrates a commendable commitment to fiscal restructuring and economic sustainability. However, while the editorial raises valid points on the urgency of reforming Nigeria's tax system, it does so with...

Tax Reform Debate: Is Dogara Positioning Himself for Tinubu's Vice Presidency in 2027?   By Adnan Mukhtar The complex relationship between President Bola Ahmed Tinubu and Vice President Kashim Shettima appears to be fraying, revealing underlying tensions within Nigeria's presidency since their inauguration on May 29, 2023. The...