Nigeria Targets 12% Growth to Achieve$1tn Economy - Minister
The Minister of State for Finance, Dr Doris Uzoka-Anite, on Wednesday said Nigeria must sustain annual economic growth of between 10 and 12 per cent over the next decade to achieve the $1tn economy target set...
President Bola Tinubu has approved the payment of ₦2.8 trillion to power generation companies (GenCos) as the Federal Government’s verified liability for accumulated electricity subsidies dating back to 2010.
PENGASSAN Slams Tinubu's Oil Revenue Executive Order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, describing the directive as...
Tinubu’s Executive Order Could Boost FG, States, LGs Allocation by N15trn
The federal, state, and local governments may receive additional revenue allocations of about N14.57tn following the recent Executive Order signed by President Bola Tinubu, directing that royalty oil, tax oil, profit oil, profit gas,...
Tinubu Signs Executive Order Mandating Direct Remittance of Oil, Gas Revenues to Federation Account
President Bola Tinubu has signed a sweeping executive order directing the immediate remittance of oil and gas revenues to the Federation Account, in a move aimed at curbing revenue leakages, eliminating...
Tinubu Seeks Fairer Financial System for African Nations
President Bola Tinubu has called for a fairer global financial system, arguing that African countries face disproportionately high borrowing costs due to what he described as persistent misjudgement by dominant international credit rating agencies.
Writing in an opinion...
