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FG Approves New Organisational Structure for FIRS

FG Approves New Organisational Structure for FIRS The Federal Government has approved a new organisational structure for the Federal Inland Revenue Service to boost its operations. The agency made this known on Monday in a statement signed by the Special Adviser Media to the Executive Chairman,...

In 8 Months of Tinubu Administration, Nigeria’s Stock Market Leads the World, by Bayo Onanuga

In 8 Months of Tinubu Administration, Nigeria’s Stock Market Leads the World, by Bayo Onanuga   The Nigerian economy is looking good in some sectors. This is not a harebrained assessment, despite the high inflation and the unstable exchange rate of the Naira. Those who doubt...

FG to Pay N1.6tn Power Subsidy, Suspends Electricity Tariff Hike

FG to Pay N1.6tn Power Subsidy, Suspends Electricity Tariff Hike The Nigerian Electricity Regulatory Commission, released the 2024 electricity tariffs which showed that the Federal Government is to shoulder about N1.6tn subsidy this year to avert electricity tariff hike. In the tariff review applications of the...

FG to Resume Payment, Clear N35,000 Wage Award Arrears

FG to Resume Payment, Clear N35,000 Wage Award Arrears The Federal Government has assured workers that it will clear the arrears of the N35,000 wage award just as it also said the government had resumed the payment of the wage award. The government also reiterated its...

‘$80bn Investments Needed to Achieve Agenda 2050’

'$80bn Investments Needed to Achieve Agenda 2050' The Minister of Budget and Economic Planning, Sen. Atiku Bagudu said Nigeria needs at least $100bn in investments to achieve Nigeria Agenda 2050, with over 80 per cent expected from the private sector. The minister disclosed this while speaking...

‘Tinubu’s Trips Gulped N3.4bn in Six Months’

'Tinubu’s Trips Gulped N3.4bn in Six Months'   President Bola Tinubu has spent not less than N3.4bn on local and foreign travel within six months of assuming office. The figure is 36 per cent more than the N2.49bn earmarked for the President’s travel expenditure in the 2023...