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2025 Budget Can’t Address Nigeria’s Structural Challenges — Atiku
Dec 23, 2024 · Atiku maintained that the government’s expenditure target is unsustainable. He flayed the observed disproportionately high recurrent expenditure with over N14tr (30 per cent of the budget) allocated to operating an oversized bureaucracy and …
2025 Budget Proposal Scales Second Reading At National Assembly
Dec 19, 2024 · The 2025 appropriation bill has scaled the second reading at the national assembly. The budget passed the second reading during plenary on Thursday. There was an extensive debate by the lawmakers in the senate and the house
PDP Condemns 2025 Budget, Says It’s Hopeless, Shady
Dec 18, 2024 · The party’s stressed that “given the crippled national productive sector, it is clear that with the N47.9 trillion expenditure including N15.8 trillion provision for Debt Services, the projected N34.8 trillion revenue with N13 trillion deficit will be financed by excruciating taxes and levies on already impoverished citizens and companies operating in the country.
Oil Producers, Others, Support NNPC's Push To Deliver Sustainable ...
Dec 16, 2024 · Oil producers in Nigeria and major stakeholders in the country’s oil and gas sector have expressed support for the state-owned Nigerian National Petroleum Company Ltd to deliver sustainable energy despite calls for transition and low investment in hydrocarbon. The stakeholders made the call on ...
Again, National Grid Collapses 24 Hours After Submission Of …
Nov 7, 2024 · The national grid on Thursday suffered another collapse, making it the second time in a week that the grid would experience disturbance. THE WHISTLER reports that the grid experienced a partial disturbance on Tuesday, which made the grid record 9th collapse in 11 months.. However, Thursday’s grid collapse made it the …
FG Outlines Strategic Vision For Petroleum Industry Transformation
Nov 2, 2024 · The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri has presented a strategic plan to navigate the challenges and opportunities within Nigeria's petroleum industry. He said this during an address to the Oil producers trade
Shettima Eulogises Late Unongo As Leader Who Transcended …
Nov 26, 2024 · Paying glowing tribute to the late elder statesman during his funeral ceremony in Makurdi, the Benue State capital, Vice President Shettima offered heartfelt condolences to the family of the deceased on behalf of President Bola Ahmed Tinubu, noting that Dr. Unongo’s burial is a celebration of a life well-lived, and a legacy well-secured.
FG’s 2025 N47.9trn Budget Filled With Unrealistic Assumptions
Nov 18, 2024 · Nigeria’s first Professor of Capital Market, Uche Uwaleke, expressed skepticism about key assumptions in the Federal Government’s proposed N47.9trn budget for 2025, particularly regarding the projected exchange rate of N1,400 to the dollar and the $75 per barrel oil price benchmark.
Sixteen Manufacturing Firms Lost N792bn To Naira Depreciation – …
Nov 13, 2024 · Speaking at the 39th Annual General Meeting of MAN’s Ogun State branch, held with the theme “Dollar to Naira Cost, the Nigerian Manufacturers’ Daily Dilemma: Exploring Strategies for Business Sustainability,” Onafowokan underscored the severe impact of the soaring exchange rate, which reached NGN1,800 to $1 in early 2024.