Sunday, December 6, 2020

FG approves N75bn youth investment fund  

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The Federal Government has approved the establishment of a N75bn youth investment fund. The decision was taken at the virtual meeting of the Federal Executive...

FG proposes N12.7tr 2021 budget

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The Federal Government has projected N12,658,009,802,283.00 as 2021 budget estimate. The government also projected N5.16trillion as budget deficit for 2021 up from N4.98trillion in the...

Inflation rises to 12.56% in June —NBS  

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The consumer price index which measures inflation increased by 12.56 per cent (year-on-year) in June 2020, the National Bureau of Statistics disclosed this in...

COVID-19: FG revenues dip by over 40%, says Osinbajo  

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 Vice-President Yemi Osinbajo on Tuesday said the nation’s revenues dropped by over 40 per cent due to the lockdown occasioned by the COVID-19 pandemic. He...

FG to unveil N65bn stimulus package for OPS

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The federal government is set to unveil N65 billion stimulus package to support the Organised Private Sector (OPS) in the bid to boost the...

Why 2020 budget was increased despite drop in revenue – Presidency

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The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has said the decision of the Presidency to...

Buhari to Present 2021 Budget to NASS in September – FG...

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THE Federal Government told the Senate  that President Muhammadu will present before the joint National Assembly, the 2021 Appropriation Bill. Disclosing this in Abuja...

FEC approves N109.189bn roads, university projects

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 The seventh weekly virtual Federal Executive Council (FEC) on Wednesday approved projects worth a total of N109,187,264,000 for Ministry of Works and Housing and...

FIRS extends tax debt payments to August 31  

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The Federal Inland Revenue Service has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals...

COVID-19: Sub-Saharan Africa needs $110 billion lifeline urgently – World Bank

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COVID-19: Sub-Saharan Africa needs $110 billion lifeline urgently – World Bank The World Bank has exposed the vulnerabilities of Sub-Saharan Africa worsened by the COVID-19...