Amid revenue uncertainties, Nigerian consumers may pay more VAT
Federal, state governments share N628.77 billion revenue for November
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Federal, state governments share N628.77 billion revenue for November
States say they are unaware how the Excess Crude Account dropped to $3.1 billion.
The delay in the presentation was blamed on the falling oil prices.
“A computation of the total amount SEC has not remitted to the Federal Government as operating surplus was put at ...
A new proposal was sent to the National Assembly Wednesday.
The Finance Minister said the government seeks to reduce mortgage finance cost from 16 to three percent.
“The current crisis was one foretold. The bigger worry is how well this government may manage it."
The minister said government was considering the introduction of tax reliefs.
“It would appear that those who should act are dancing foxtrot, while their trousers are catching fire”.
The 19 APC lawmakers say they will resume on Monday
The government has reduced the capital expenditure from N1.436trillion proposed earlier to N1.208trillion.
Mr. Jonathan says YouWin is one of the finest initiatives of his administration.
“Prices are still trending down. Some estimates say this may continue.”
There is need to revise the entire proposal in the MTEF to ensure that the economy is not significantly impacted ...
The Federal Government attributes the declining revenues to the fall in prices at the international oil market.
President Goodluck Jonathan says the implementation of the procurement reforms goes beyond passage of laws.
Military pensioners have been protesting the continued delay in the payment of their pension arrears.
Nigeria currently spends about N960billion on infrastructure development annually.
Ms. Okonjo-Iweala said Nigeria’s borrowing has reduced drastically since 2010.
Speaker Tambuwal gives joint committee on finance, security and loan one week ultimatum to present report on $1 bn loan ...
The 2015-2017 fiscal framework will focus on job creation and inclusive economic growth.
Nigerians in the Diaspora also got information on the dreaded Ebola Virus Disease.
The latest GDP figures have not altered Nigeria’s economic status as the 26th-biggest economy in the world.
More than four months after uncovering a monumental “ghost workers” scam, the finance ministry has yet to expose those involved
Nigerians now have the chance to realize their dream of owning a home.
