The federal government is on the verge of kick-starting a campaign on made-in-Nigeria goods, a move designed to encourage Nigerians to patronise locally-produced goods and services. This is part of the measures being adopted by the government to conserve foreign exchange, stimulate economic growth and...

The Federal Government has said that the nation’s revenue profile had started rising due to increased oil production and improved access of manufacturers to foreign exchange for the importation of goods into the country. The Minister of Budget and National Planning, Senator Udo Udoma, who was...

Nigeria and the People’s Republic of China has signed a bilateral agreement of over eight million China’s Yuan (about 400 million naira) for various projects in the FCT. The projects were feasibility studies of the second phase of the Abuja Solar Powered Traffic Control Signal,...

The Federal Government has ordered Ministries, Departments and Agencies (MDAs) to forward list of ongoing and new projects in order of priority, for immediate funding. In a circular  from the Ministry of Budget and National Planning and Office of Secretary to the Government of the...

Barely five months after the federal government assured Nigerians that it will not increase Value Added Tax and corporate taxes, plans seem to have been concluded to increase VAT from five per cent to 10 per cent.   It would be recalled that the Minister of...

The Federal Government  is ready to implement the 2016 budget as it started injecting of the N350bn earmarked for capital projects as contained in the budget today. The Minister of Budget and National Planning, Senator Udo Udoma. made this known while presenting the overview of the...