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...

Subsidy: Tinubu Directs Shettima, Govs to Review Minimum Wage As Nigerians grapple with the aftershocks of the fuel subsidy removal, President Bola Tinubu has directed the National Economic Council to come up with inputs on palliatives and the minimum wage review as part of measures...

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...