FG Moves N150bn Business Loan Disbursement to September The Federal Government has shifted the start of the N150 billion loan disbursement for manufacturers and micro, small, and medium enterprises until September. The Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite, confirmed this during a meeting...

Fuel Subsidy: The Complex Issue That's Holding Nigeria Back By Chimaza Nonyerem-Okoronkwo The removal of fuel subsidies has been a contentious issue in Nigeria, with proponents arguing that it will improve the economy and opponents claiming that it will lead to increased poverty and social unrest. For...

Palliatives Distribution: A Culture FG Must Stop By Obamodi Oluwadamilola Faith A nation cannot thrive on “donations” alone. As Nigeria confronts yet another economic downturn, the government's response has been the distribution of palliatives to its citizens—a move that dilutes the original intent of palliatives as...

FG Reduces Aviation Agencies’ Revenue Deduction to 20% President Bola Tinubu has approved the reduction of deductions in aviation agencies’ internally generated revenue (IGR) from 50 percent to 20 percent. Gbenga Saka, special adviser on digital media to Festus Keyamo, minister of aviation and aerospace development,...

Energy Transition: Nigeria, Equatorial Guinea Ink Pipeline Deal As part of the commitment to its gas expansion and energy transition programmes, Nigeria on Wednesday evening signed an agreement on Gulf of Guinea Pipeline Project with the Republic of Equatorial Guinea. President Bola Ahmed Tinubu, who is...

FG Commences Duty-free Import on Food Items The Nigeria Customs Service has commenced the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items. This was after President Bola Tinubu approved the implementation of zero per cent import duty...