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No Provision Will Impoverish North in Tax Bills – Presidency

No Provision Will Impoverish North in Tax Bills - Presidency   The presidency yesterday reacted to the controversy surrounding the four tax reform bills that had passed second reading in the Senate, but got stuck in the House of Representatives, where further debate on the matter...

2024 Budget: FG to Spend Over N57,427,575 on State House Residential Rent

2024 Budget: FG to Spend Over N57,427,575 on State House Residential Rent   The Federal Government has proposed to spend over N57,427,575 on residential rent in State House quarters. This was contained in the 2024 Budget document obtained by Economic Confidential. Details in the budget show that...

2024 Budget: FG to Spend N6.5trn on Personnel Costs

2024 Budget: FG to Spend N6.5trn on Personnel Costs   Federal Government will spend a total of N6.48 trillion (inclusive of N1.02 trillion for government enterprises (GOEs) on personnel and pension costs in the 2024 budget. This is an increase of N576.16 billion or 9.8 per cent...

Proponents of “Shege”: Tinubu’s Presidency and the Rest of Us, by AbdurRaheem Sa’ad Dembo

Proponents of "Shege": Tinubu's Presidency and the Rest of Us, by AbdurRaheem Sa'ad Dembo   The subsidy removal and floating of naira by President Bola Ahmed Tinubu's administration have made a lot of Nigerians to react in different ways.To some, it is a welcome development to...

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim   Following controversies trailing a claim of a missing N89.09trn allegedly siphoned from stamp duty charges, the Presidency on Tuesday said such claims were false. It also said the entire banking sector deposits in Nigerian did not amount to...

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years – Presidency

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years - Presidency The Presidency has said nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in the last two years, 2021-2022. According to a...