The Federal Government says deductions from the federation earnings by the Federation Account Allocation Committee, FAAC, are being misrepresented as a diversion of revenue. In a statement on Sunday…
Category: Business
TINUBU ASSENTS TO 2026 APPROPRIATION BILL , 2025 BUDGET EXTENSION
President Bola Ahmed Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of ₦68.32 trillion. He has also signed the bill extending the implementation period…
New tax system is people-centred , investment-friendly to advance the nation’s development goals- says Tinubu
Adewumi Ademiju President Bola Tinubu said colonial-era tax laws impoverished Nigerians through fragmentation, multiplicity, and inconsistencies, and assured that the new reforms will deliver greater prosperity and inclusivity. President Tinubu…
Dangote Refinery debunks petrol hike
Dangote Refinery and Petrochemicals has refuted reports of increasing price of Premium Motor Spirit (PMS), popularly known as petrol, from N1,200 to N1,275 per litre. The refinery recently reduced the…
Tinubu’s foresight: How his policy of naira-for-crude guarantees fuel supply security in Nigeria
By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the…
TINUBU ESTABLISHES TASK FORCE ON PRESIDENTIAL PETROLEUM REFORM & VALUE OPTIMISATION
President Bola Ahmed Tinubu, GCFR, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in…
NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project
President Bola Ahmed Tinubu GCFR, has approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project. The…
EKSG presents Analysis of 2026 budget,focuses on interventions to Strengthen Economy
Ekiti State Government, on Wednesday, presented the analysis of the ₦415.572billion 2026 Budget of impactful Governance affirming a projection of 8.8trillion naira Gross Domestic Product (GDP) for the year. Presenting…
Graduate Trainees inducted into Dangote Cement
About 200 newly trained engineers and other professionals have been inducted into the work force of Dangote Cement Plc . This follows the successful completion of its Graduate Trainee Programme,…
Ogun to begin oil drilling , as new seaport sets for commencement
President Bola Ahmed Tinubu has approved the commencement of commercial oil drilling at Eba, Ogun Waterside. The development will therefore positioned Ogun state to become an oil-producing state This was…