The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele has declared that the Federal Government’s ongoing tax reforms are aimed at building “a tax system that is globally relevant, economically competitive, socially equitable, and fiscally sustainable.”
The Accountant-General of the Federation (AGF), Dr. Shamseldeen Babatunde Ogunjimi, has expressed the Federal Government’s readiness and commitment to ensure prompt release of approved funds to the Nigeria Police Force in order to strengthen its operations and tackle insecurity across
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in the non-interest financial services industry as part of efforts to sustain public confidence, financial stability, and the orderly growth of
The Central Bank of Nigeria (CBN) has emphasised the critical role of State Governments in ensuring a successful transition to an Inflation Targeting (IT) monetary policy framework, stressing that sustained price stability can be achieved only through coordinated fiscal discipline
The federal government has called on the World Bank to expedite the approval and disbursement of project funds to Nigeria, stressing that the facilities are loans that the country is obliged to repay, not grants. Accountant-General of the Federation (AGF),
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has again affirmed the Federal Government’s commitment to resolving outstanding obligations to local contractors in a fair, transparent, and structured manner, as part of broader efforts
The Federal Government say it has intensified efforts to improve participation in the ongoing mandatory verification and enrolment exercise for civil servants with accrued pension rights, following low turnout despite the importance of the exercise. The National Pension Commission (PenCom) in a statement disclosed that it
The National Insurance Commission (NAICOM) has entered into a strategic partnership with the National Space Research and Development Agency (NASRDA) to accelerate the use of geospatial intelligence in expanding Nigeria’s insurance market and strengthening risk management systems. The collaboration, reached
The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of outstanding arrears tied to the ₦32,000 pension increment for retirees under the Defined Benefit Scheme (DBS), bringing the exercise to a close with a total disbursement of ₦1.73 billion.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has assured investors that the government will stay the course on economic reforms, declaring that policy reversals will not define the current phase of the country’s economic
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