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FG Denies Budgeting N5.4 trillion for fuel subsidy in 2024

FG Denies Budgeting N5.4 trillion for fuel subsidy in 2024 The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has debunked reports that the federal government made a N5.4 trillion provision for fuel subsidy for 2024. This is contained in a statement by...

IFC Commits $23.3m to Cocoa Sector Devt in Nigeria as Tinubu Asks for more Investments in Africa 

IFC Commits $23.3m to Cocoa Sector Devt in Nigeria as Tinubu Asks for more Investments in Africa  President Bola Tinubu on Thursday in Abuja called on international development financiers to see Africa as a destination for growth and prosperity. Speaking at a meeting with a delegation...

Tinubu’s Subsidy Payment to Hit N5.4trn in 2024 – Atiku

Tinubu’s Subsidy Payment to Hit N5.4trn in 2024 - Atiku Former Vice President and presidential candidate of the People's Democratic Party (PDP), Atiku Abubakar, yesterday challenged President Bola Ahmed Tinubu to stop deceiving Nigerians about his administration’s true position on petrol subsidy. He said contrary to...

FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation

FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation The federal government is considering suspending import duties on staple food, drugs, and other essential items for six months to slow inflation in the country. According to a Bloomberg report, the government may also waive...

World Environment Day: Tinubu Calls for Win-win Transition to Clean Economy

World Environment Day: Tinubu Calls for Win-win Transition to Clean Economy On the occasion of World Environment Day marked every June 5, President Bola Tinubu has called for earnest effort and action by citizens, stakeholders, institutions, and development partners to safeguard the environment and ensure...

New Minimum Wage: Tinubu Gives Finance Minister Two Days to Present Cost Implication

New Minimum Wage: Tinubu Gives Finance Minister Two Days to Present Cost Implication President Bola Tinubu has directed the Minister of Finance, Wale Edun, to come up with the cost Implications on the new minimum wage within two days. Minister of Information and National Orientation, Mohammed...