Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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We’ll Stop Fuel Subsidy Next Year-FG
Mrs. Zainab Ahmed, Minister of Finance, Budget and National Planning, has said the Federal Government would end fuel subsidy in July 2022. Ahmed ,who discloses this at a media briefing, shortly after
‘Nigeria loses $2.9 billion yearly to tax waivers for multinationals’
Civil Society Legislative Advocacy Centre (CISLAC) has said the country loses about $2.9 billion yearly on tax waivers granted to multinational companies. This was as the organisation revealed that Africa lost over $1 trillion to Illicit
AfDB president faults Nigeria’s import substitution drive
The president of the African Development Bank (AfDB), Akinwunmi Adesina, has criticised Nigeria’s failure to diversify its export base to high-value market products, saying the country has focused more on replacing imports
How Multiple Credit Card Numbers Were Extracted From Naira Marley’s Phone-EFCC
An official of the Economic and Financial Crimes Commission (EFCC), Augustine Anosike, has given details of narrated how 2,410 short messages were extracted and analysed from the iPhone belonging to Nigerian musician,
Senate Rejects Ministry’s $200m Mosquito Nets Loan Request
The Senate has faulted plans by the Federal Ministry of Health to borrow 200 million Dollars for the purchase of Mosquito nets for 13 vulnerable states in Nigeria. The Senate Committee on
We’ll Stop Casualization Of Nigeria’s Workforce-FG
The federal government has moved to end workers’ casualization in the country through the issuing of a policy directive on the casualization of employment. The Minister of Labour and Productivity, Senator Chris
Only 115 Public Sector Entities Have Filed Their Annual Financial Statements—FRC Boss
Ambassador Shuaibu Adamu Ahmed, Executive Secretary/Chief Executive Officer of the Financial Reporting Council(FRC), has said between the end of 2020 and 2021 till date, only 115 Public Sector Entities comprising government parastatals,
Nigeria’s Forex Scarcity Stifling Manufacturing Sector-MAN
Stakeholders and key players in the manufacturing sector of Nigeria on Tuesday, took to their 49th Annual General Meeting in Abuja to The Manufacturers Association of Nigeria,has faulted the Federal Government’s policy
We Must Rid Judiciary Of Bad Eggs, CJN Assures
Paschal Njoku, Abuja Chief Justice of Nigeria, Justice Tanko Muhammad, has assured that all assessment and punitive mechanisms will be put in place to rid the country’s judiciary of “bad eggs”. Justice
2.6bn People Lack Access To Clean Cooking Gas– OPEC
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, says 2.6 billion people have no access to clean cooking fuel. He said, “The world must be reminded
