Buhari Directs MDAs To Publish Financial Transactions Online   President Muhammadu Buhari has directed the Office of the Accountant General of the Federation (OAGF) to henceforth, publish daily treasury statement in an effort to drive open treasury. The report should be published daily on www.opentreasury.gov.ng, a portal...

Senate May Pass 2020 Appropriation Bill Thursday The N10.33 trillion 2020 budget proposal presented by President Muhammadu Buhari to the National Assembly may be passed by the upper legislative chamber on Thursday. This is with a view to bringing the budget cycle effective 2020 fiscal year...

Outrage As Senate Okays 50% VAT Increment   The bill specifically seeks to hike the Value-Added Tax from five percent to 7.5 percent. The Federal Executive Council had in September this year approved an increase in VAT and sent a bill to the National Assembly for consideration....

Senate Passes Buhari’s Finance Bill   The Senate on Thursday passed President Muhammadu Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws. The passage of the Bill was sequel to the consideration of the report of the Senate Committee on Finance. In his presentation of...

How Deep Offshore Production Sharing Contact Will Affect National Revenue By Abdullahi Mahmud Gaya   It is no longer news that President Muhammadu Buhari has assented Deep Offshore and Inland Basin Production Sharing Contract (DOIBPSCA) into law. It will be recalled that the Deep Offshore and Inland...

FG Approves Funds For Algiers-Lagos Highway   President Muhammadu Buhari on Monday said the Federal Government has made special funding commitment to the reconstruction of Trans-Saharan African highway linking Lagos with Algiers, the Algerian capital. Buhari, who disclosed this at the 70th Session of the Trans-Saharan Road...