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2025 Budget: Debt Servicing, Salaries take N24.8tn

2025 Budget: Debt Servicing, Salaries take N24.8tn The Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year, an analysis of the 2025 Appropriation Bill has shown. This amount is an increase of N3.17tn or 59.16...

Tinubu’s 2025 Budget Proposal Targets N1,500/$ Exchange Rate, 15% Inflation Rate

Tinubu’s 2025 Budget Proposal Targets N1,500/$ Exchange Rate, 15% Inflation Rate   President Ahmed Bola Tinubu presented the proposed 2025 budget to the joint session of the National Assembly on Tuesday. The Budget is built on key assumptions, including an exchange rate of N1,500 to the...

Controversy as Head of Service Reverses Presidential Decision on New Accountant-General

Controversy as Head of Service Reverses Presidential Decision on New Accountant-General In a recent development, the Federal Government has decided to delay the appointment of Mr. Shelmsudeen Babatunde Ogunjimi as the new Acting Accountant-General of the Federation (AGF) following counsel from the Head of Civil...

Tax Reform Bills: The North Must  Modernise Anyhow By Abdullahi Ismaila Ahmad

Tax Reform Bills: The North Must  Modernise Anyhow By Abdullahi Ismaila Ahmad The tax reform bills recently sent to the National Assembly by President Bola Ahmed Tinubu, GCFR, have generated controversies over the past weeks. Many commentators have expressed their views in support of the bills...

2025 Budget: FG Earmarks N10.04tn for Infrastructure, Health, Education

2025 Budget: FG Earmarks N10.04tn for Infrastructure, Health, Education President Bola Tinubu on Wednesday revealed that the administration is earmarking N4.06tn, N2.48tn and N3.5tn for Infrastructure, health and education respectively for the 2025 fiscal year. This is also as defence and security will get N4.91tn. Tinubu said...

Tinubu Presents N47.9tn 2025 Budget to NASS

Tinubu Presents N47.9tn 2025 Budget to NASS President Bola Tinubu is presenting a 2025 budget estimate of N47.9tn to a joint session of the National Assembly (NASS). Lawmakers from the House of Representatives and the Senate were seated on Wednesday as the President presented his second...