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N3.92trn Fuel Subsidy Higher Than Health, Education, Defence Budgets

N3.92trn Fuel Subsidy Higher Than Health, Education, Defence Budgets   The N3.92tn spent as subsidy on Premium Motor Spirit, popularly called petrol, from January 2020 to June 2022 is higher than the cumulative individual federal budgets for health, education and defence during the 30-month period. Findings show...

NESG Advocates for Tax Compliance in Nigeria 

NESG Advocates for Tax Compliance in Nigeria  The Board member of the Nigerian Economic Summit Group (NESG), Mr. Frank Aigbogun, has called for a paradigm shift in the country's tax procedures and encouraged political leaders to demonstrate leadership by supporting a cultural change through tax...

Multiple Exchange Rates Affecting FDIs In Nigeria, Says NESG

Multiple Exchange Rates Affecting FDIs In Nigeria, Says NESG   The Nigerian Economic Summit Group (NESG) has identified multiple exchange rates as one of the major limitations to attracting tangible Foreign Direct Investments (FDIs) into Nigeria. The disclosure was part of a communique from the meeting of...

NESG Embarks On Food Safety Campaign In Nigeria

NESG Embarks On Food Safety Campaign In Nigeria The Nigerian Economic Summit Group (NESG) has embarked on a sensitisation and fact-finding mission across the six geo-political zones of Nigeria in order to ensure safe, nutritious and affordable foods for all Nigerians. According to NESG the states...

Report Says Nigeria, 10 ECOWAS Countries In Debt Distress

Report Says Nigeria, 10 ECOWAS Countries In Debt Distress   A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States countries are currently in debt distress...

$1bn Leather Industry Can Boost Nigeria’s Earnings – Osinbajo

$1bn Leather Industry Can Boost Nigeria's Earnings - Osinbajo       The leather market, with its projected $1 billion earnings by 2025, has the potential to improve the nation’s foreign exchange earnings, boost growth and provide employment for young Nigerians. Vice President Yemi Osinbajo made this known during...