MINISTER OF BUDGET AND NATIONAL PLANNING BAGUDU ASSURES THE GOVERNMENT WILL ACHIEVE 2025 REVENUE TARGET
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed confidence that the Federal Government will achieve its 2025 revenue target of N36.35 trillion. Speaking at the National Assembly Joint Committees on Finance hearing, Bagudu attributed this optimism to the anticipated gains of President Bola Tinubu’s administration’s economic reforms.
FCT ADMINISTRATION ANNOUNCES DECISION TO RE-ENFORCE ARREST OF ANYONE VANDALISING PUBLIC INFRASTRUCTURE
FCT Administration has announced its decision to re-enforce the arrest of any individuals or group of persons caught vandalizing public infrastructure to face charges of economic sabotage.
LOS ANGELES FIRE EVACUEES FACE PRICE GOUGING
Huge fires that have torn through Los Angeles since Tuesday have leveled whole neighborhoods, turning swaths of the city to ash.
EXPERTS PROJECT HEALTHY NAIRA AND LOW INFLATION IN EARLY 2025
Contrary to wide expectations, the Naira is projected to rise in value against the greenback in early 2025 just as the hyperinflation rate will ease considerably, amongst other positive fundamentals.
INEC PLANS ELECTORAL REFORM TO ALLOW INMATES AND ESSENTIAL DUTY WORKERS TO VOTE
The Independent National Electoral Commission (INEC) is planning an electoral reform system that would allow individuals engaged in essential services during elections, such as security agents and journalists, as well as inmates in correctional centres, to cast their votes during general elections.
AWARD- WINNING MIGRANT ACTOR EARNS VISA TO STAY IN FRANCE AS A MECHANIC
An undocumented 23-year-old Guinean migrant living in France who won a prize at the Cannes film festival last year has been granted a work permit, enabling him to avoid deportation, his lawyer said Wednesday.
CBN STOPS EXTENSION OF EXPORT PROCEEDS REPATRIATION FOR EXPORTERS
Still on the Economy,The Central Bank of Nigeria (CBN) has announced the suspension of approvals for the extension of export proceeds repatriation on behalf of exporters.
COURT SUMMONS MINISTER AND AGF OVER PROPOSED EXPATRIATES TAXATION
Still on AGF,Justice Inyang Ekwo of the Federal High Court Abuja has ordered the Minister of Interior, Olubunmi Tunji-Ojo, and the Attorney-General of the Federation (AGF), Lateef Fagbemi, to show cause why the implementation of the proposed expatriates taxation regime should not be stopped.
PENSION FUND INVESTMENT IN REAL ESTATE SHRINKS TO 20 BILLION NAIRA
The Pension Fund Operators Association of Nigeria has revealed that the dearth of real estate investment trusts on the market has seen investment in that segment shrink over the years.
BUDGET DEFENCE FAILS TO TAKE OFF ON TUESDAY AT HOUSE OF REPS
The defence of this year’s budget estimates by ministries, departments, and agencies (MDAs) of government before the various House of Representatives committees could not have begun yesterday in the House of Representatives.