The federal government and the International Monetary Fund (IMF) have expressed divergent views on the subject of rising debt and taking loans from foreign sources......
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The national leader of Nigeria’s ruling party has opposed the federal government’s plan to increase the Value Added Tax (VAT). He said an increase in VAT will reduce the purchasing power of Nigerian consumers and is capable of increasing hardship in the country.....
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The federal government has concluded plans to increase revenue by introducing new taxes, Minister of Finance, Zainab Ahmed, told lawmakers on Wednesday.....
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Determined to achieve the diversification of the country’s economy, the …
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The federal government yesterday indicated that it was targeting a tighter fiscal plan next year, with a projected budget of N8.65 trillion in 2019.
This was disclosed the minister of budget and national planning, Udo Udoma, during a public consultation on the 2019-2021 Medium Term Fiscal...
The Minister of Budget and Planning, Udoma Udo Udoma, on Wednesday announced that things are being put in place to ensure that the country is out of recession by the end of the year.
Speaking after the FEC meeting in Abuja, he said:
“Yes, we are determined to get the economy out of the...
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