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...

Govs Fret As CBN Insists Budget Support Repayment Starts May       State governors again on Thursday requested that the repayment of their loans, especially the budget support, which ought to start this month be deferred. But the Governor of the Central Bank of Nigeria, Godwin Emefiele, emphasised...

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment         State governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which...

Cost Of Doing Business Rises By 600% At Tin Can Port         The cost of doing business especially for importation of goods through the Tin Can Island Port (TCIP) in Lagos has risen by 600 per cent in just one year. This is as importers and other...

Finance Bill Proposes Tax Reliefs For Donors To COVID-19 Funds       More highlights of the Finance Bill 2020, approved by the Federal Executive Council (FEC) on Wednesday, were unveiled yesterday at a virtual National Economic Council (NEC) meeting presided over by Vice-President Yemi Osinbajo. Presenting the bill...