Barbara Bako, Abuja. The Federal Government has said the N1.3 billion appropriated to the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council (PEAC/PFIPC) in the 2026 budget was never released or spent. Director-General of the Budget Office of
Barbara Bako, Abuja. The Centre for Social Justice (CSJ) has questioned the Federal Government’s decision to grant customs duty waivers valued at N34 trillion in 2025, arguing that the amount exceeded the Federal Government’s total retained revenue for
Barbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has shared a total of N2.550 trillion as June 2026 revenue among the Federal Government, state governments and the 774 local government councils. The allocation was approved at the
Barbara Bako, Abuja. The Economic and Fiscal Justice Coalition (EFJC) has called on President Bola Tinubu to urgently assent to the Federal Audit Service Bill, describing the legislation as critical to strengthening fiscal discipline, improving public accountability and
Barbara Bako, Abuja. The Federal Government has dismissed claims that it spent more than N8 trillion outside the approved budget, describing the allegation as false and a misrepresentation of the International Monetary Fund (IMF)’s 2026 Article IV
Barbara Bako, Abuja. Professor Uche Uwaleke has pledged to strengthen collaboration between academia, government, regulators and industry to support Nigeria’s economic transformation following his re-election as President of the Capital Market Academics of Nigeria (CMAN). Uwaleke was returned
The World Bank Group has endorsed a new Country Partnership Framework (CPF) for Nigeria spanning 2026–2032, setting out a strategy to create more and better jobs at scale by unlocking private sector–led growth. As part of this broader support, the
Barbara Bako, Abuja. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has proposed the establishment of a specialised Commercial Dispute Resolution Tribunal to speed up the resolution of business disputes and improve investor confidence
Barbara Bako, Abuja. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pledged to strengthen regulatory certainty and collaboration with legal practitioners to attract more investment into Nigeria’s petroleum sector, as the Federal Government warned against profiteering
Barbara Bako, Abuja. The ECOWAS Bank for Investment and Development (EBID) has approved a $268 million financing package for three major development projects in Taraba State aimed at boosting industrialisation, agriculture and renewable energy. The loan agreements were signed on
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