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2023: FG to Borrow N11tr, Spend N3.36tr on Subsidy

Ahead of the 2023 budget presentation, the Federal Government, yesterday, insisted that petroleum subsidy would remain in place until mid-2023. In addition, the government will borrow over N11 trillion and sell national assets to finance budget deficit next year. The Minister added that…

2023 Elections Will be Free Of Intimidation – Buhari

President Muhammadu Buhari on Tuesday promised not to allow intimidations of any sort, whether materially, morally or physically during the 2023 elections. He said the kind of leadership that thrives on intimidation will not benefit the nation. The President was speaking when he received…

Reports of Violence Not All Over the Country – Osibanjo

The Vice President, Professor Yemi Osinbajo, SAN, has said it is unfitting to compare the realities of the Nigerian economy with those of other smaller African states. He argued that at least 10 Nigerian states “have bigger GDPs than those countries”. Osinbajo also noted…

FG Unveils Agric Policy, Gets $55m US Support

The Federal Government, on Friday, unveiled the new National Agricultural Technology and Innovation Policy 2022-2027 to guide and enhance agribusiness activities across the country. At the unveiling of the policy document in Abuja, the United States Agency for International Development announced that the…

FG Receives Orosanye Draft White Paper Reports

The Federal Government on Thursday received the ‘Draft White Paper’ on Orosanye reports, submitted by the committee on restructuring/rationalisation of Federal Parastatals, Agencies and Commissions created between 2012 and 2021. Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, who received…

We Rely on Customs, FIRS Revenue to Pay Salaries

The Minister of State for Labour and Employment, Festus Keyamo, says the President, Major General Muhammadu Buhari (retd.), relies heavily on funds generated by Nigeria Customs Service and Federal Inland Revenue Service. Keyamo’s statement corroborated an earlier report by the Nigerian National Petroleum…
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