In a strategic plan aimed at enhancing revenue collection and redistributing the tax burden, the Federal Government of Nigeria has unveiled plans to revamp the nation’s tax system, with a focus on wealthier citizens. This initiative is part of the government’s broader strategy to achieve an ambitious 18% Tax-to-GDP ratio within a three-year timeframe. The…
In a significant announcement, the Federal Government of Nigeria has officially declared Wednesday, 27th September, as a public holiday to mark this year’s Eid-ul-Maulud celebration. The declaration was made by the Honorable Minister of Interior, Dr. Olubunmi Tunji-Ojo, and conveyed through a statement issued by the Permanent Secretary in the Ministry of Interior, Oluwatoyin Akinlade….
The Federal Government of Nigeria has officially delayed the rollout of the Human Papillomavirus (HPV) Vaccine, originally scheduled for September 25, 2023, to a new date of October 24, 2023. Dr. Faisal Shuaib, the Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency, made this crucial announcement during an exclusive…
In a bid to restore the integrity of the nation’s capital’s master plan, the Federal Government is contemplating the demolition of approximately 30 illegal settlements and slums, along with over 6,000 unauthorized buildings scattered across the Federal Capital Territory, Abuja. Revealing these intentions upon resuming office, Minister of the Federal Capital Territory, Nyesom Wike, announced…
The Federal Government recorded N7.34tn fiscal deficit between January 2022 and November 2022, according to figures obtained from the Central Bank of Nigeria. The CBN revealed this in the statement presented by a member of the Monetary Policy Committee, Mike Obadan, at the last MPC meeting in January Speaking on the fiscal operations of the…
