Tinubu, Governors to Discuss Minimum Wage at NEC Meeting Today The National Economic Council, led by President Bola Tinubu, will meet at the Aso Rock Villa, Abuja, on Thursday (today) to discuss the new minimum wage. The President’s Chief of Staff, Femi Gbajabiamila, revealed plans for...

NEC Resolves to Support MSMEs Growth The National Economic Council (NEC) yesterday deliberated on the state of the nation’s economy. It resolved to improve the situation, especially by supporting the growth of Micro, Small, and Medium Enterprises (MSMEs). NEC said by providing 49 percent of the...

Subsidy Removal: FG Declares N5bn Each for States as Palliatives The federal government has announced a N5 billion palliative for each state of the federation, including the Federal Capital Territory (FCT) to cushion the impact of the removal of the petrol subsidy. Babagana Zulum, governor of...

FIRS Records Tax Revenue Collection of N5.5trn in Six Months, Projects N25trn in 2024 The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023 and plans to generate a total...

Subsidy Removal: FG Approves Deployment of CNG-powered Vehicle for Public Transportation The National Economic Council (NEC) says it has endorsed the proposed mass deployment of Compressed Natural Gas (CNG) vehicles to all states for public transportation. The Director of Information, Office of the Vice President, Olusola...

Palliatives: Buhari's Social Investment Register not Credible - NEC The National Economic Council (NEC) presided over by Vice-President Kashim Shettima, has dumped the national social register compiled under Muhammadu Buhari, immediate past president, says it lack credibility. The council, instead, proposed the implementation of a cash...