The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has earmarked part of the N1.78 trillion proposed 2025 FCT statutory budget for the completion of 14 ongoing roads projects across the territory. Wike disclosed this in Abuja on Wednesday, when he appeared before the Senate and House of Representative Committees on FCT, to...
Category: Business
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Nigerians Urged to Embrace Unity, Dialogue for National Advancement
The Convener of the Presidential Call for Advanced Nigeria (PCAN), Amb. (Prince) Jeffrey S. Adaralegbe, has called on Nigerians at home and abroad to recommit themselves to building a united, peaceful and prosperous nation, saying the dream of an advanced Nigeria must be a collective aspiration. Speaking at the official launch of the PCAN Project...
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Nigerians Urged to Embrace Unity, Dialogue for National Advancement
BY Taiwo Ogunniyi, Boardroom News The Convener of the Presidential Call for Advanced Nigeria (PCAN), Amb. (Prince) Jeffrey S. Adaralegbe, has called on Nigerians at home and abroad to recommit themselves to building a united, peaceful and prosperous nation, saying the dream of an advanced Nigeria must be a collective aspiration. Speaking at the official...
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JUST IN: FG, STATES, LGCs SHARE N1.681 TRILLION April 2025 REVENUE
A total sum of N1.681 trillion, being April 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the May 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N1.681 trillion total distributable revenue comprised distributable statutory revenue of N962.882 billion,...
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FEDERAL MINISTRY OF FINANCE CELEBRATES STAFF EXCELLENCE
The Federal Ministry of Finance today hosted a Human Resource Award and Recognition Ceremony to celebrate the outstanding achievements of its staff. The Permanent Secretary, Mrs. Lydia Shehu Jafiya commended the staff for their hard work and dedication, stating that the Rewards and Recognition System (RRS) is a key driver of morale, motivation, and productivity...
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PRESIDENT BOLA AHMED TINUBU CHARTS NEW COURSE FOR NIGERIA’S TAX SYSTEMS
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to comprehensive tax reforms, aimed at creating a robust, transparent, and fair tax system that supports enterprise, reduces poverty, and delivers on national development goals. Speaking at the 27th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN), themed: Taxation for Development: Policies,...
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OAGF TO SUPPORT ENFORCEMENT OF GOVERNMENT GUIDELINES AND CIRCULARS ON CONSTITUENCY PROJECTS
The Office of the Accountant General of the Federation (OAGF) will work within its mandate to promote compliance with government guidelines and circulars on execution and payment for constituency projects. The Accountant General of the Federation (AGF), Mr Babatunde Ogunjimi made this known when the Permanent Secretary of the Federal Ministry of Special Duties and...
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WALE EDUN URGES SUSTAINED PRIVATE INVESTMENT AS WORLD BANK HAILS NIGERIA’S ECONOMIC PROGRESS
The Honourable Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun has reaffirmed the government’s commitment to private-sector-led growth, as the World Bank today launched its latest Nigeria Development Update (NDU) themed Building Momentum for Inclusive Growth. Edun described the Bank as a tremendous development partner, praising its technical support and concessional...
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AFRICA’S FUTURE IS HERE: INVEST IN NIGERIA, UZOKA-ANITE URGES GLOBAL INVESTORS
Nigeria’sHonourable Minister of State for Finance, Dr. Doris Uzoka-Anite has called on global investors to tap into Nigeria’s vast opportunities, highlighting the country’s economic pivot and potential for sustainable growth. This appeal was made during her address at the Milken Institute Global Conference 2025, New York, USA She stated that Nigeria is deepening intra-African trade...
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WE ARE NOT IN COMPETITION WITH NNPC, DANGOTE REAFFIRM READINESS FOR DEEPEN COLLABORATION.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have committed to strengthening their cooperation in order to secure Nigeria’s energy security and advance shared prosperity for Nigerians, as part of continuous efforts to create partnerships that benefit both parties and encourage healthy competition. This pledge was made on...