Budget and National Planning

Nigeria’s debt profile rose by a whopping N3.3trillion in just three months according to a report by the Debt Management Office, DMO, two weeks ago. Yet, the handlers of the Nigerian economy say this is no cause for alarm. Babajide…

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said that  the closure of all land borders manned by the Nigeria Customs Service (NCS) and other security agencies would not “last forever.” This was coming as the…

Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She said this on Monday in Abuja, at the…

 By Babajide Okeowo The World Bank has advised Nigeria to improve on its spending on social investment programmes to address the large number of people living in extreme poverty in the country. World Bank Country Director, Mr. Rachid…

The World Bank has advised Nigeria to scale up its social investment programmes to address the large number of people living in extreme poverty in the country. The World Bank Country Director, Mr. Rachid Benmessaoud stated this on Friday…

Members of the Nigeria Governors Forum (NGF) are currently meeting, in Abuja, ahead of the 97th National Economic Council meeting scheduled for Thursday. This was the first time the governors under the chairmanship of Kayode Fayemi of…

Dr Ovat Oyama, a lecturer at the University of Calabar says the planned increase in the Value Added Tax (VAT) by the Federal Government from 5 per cent to 7.5 per cent would affect high income earners more in the country. Oyama, who…

Financial experts on Friday expressed mixed reactions to the N10.07 trillion 2020 budget proposal approved by the Federal Executive Council (FEC) ahead of its presentation to the National Assembly. The experts expressed their views in…

Some economic analysts on Friday expressed concern about the Federal Government’s increase in Value Added Tax (VAT) from five per cent to 7.2 per cent, saying government should preferably widen the tax net. The analysts condemned the…

The Federal Executive Council (FEC) on Wednesday approved N10.07trillion 2020 Budget proposal for onward transmission to the National Assembly for consideration and approval. The Minister of Finance, Budget and National Planning, Hajiya…