Edun Contradicts Tinubu on 2025 Revenue Figures
Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.
Category : Search result: fiscal dependency
Senate Passes N54.46 Trillion MTEF, Natasha Questions FG
The Nigerian Senate has approved the 2026-2028 MTEF with a N54.46 trillion spending plan. Senator Natasha Akpoti-Uduaghan challenged the FG's vague plan to 'mop up' funds for the private sector. Read the full details.
Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget
The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
CBN Gets Deadline to Account for N5.2tr Unremitted Funds
The House of Reps Public Accounts Committee has ordered the CBN to reconcile N5.2 trillion in unremitted operating surplus by January 19, 2026. Get the full details on the fiscal accountability probe.
Federation Account Hits N23trn in 10 Months
Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.
Bank of Japan Set for Major Rate Hike to 30-Year Peak
The Bank of Japan is expected to raise interest rates to their highest level since 1995, a move that could intensify debt market volatility and impact the weak yen. Read the full analysis.
Senate Condemns Multiple Budgets, Raises FIRS Target
Nigerian Senate criticizes multiple budgets in one year, pushes FIRS revenue target to N35 trillion for 2026. Details on the N30tr shortfall and fiscal reforms.
N66.42tr Hits Federation Account in 3 Years
Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.
Content Creator DonAza Rejects FG Tax Training Invitation
Popular Nigerian content creator DonAza publicly rejects a federal government invitation for tax law training, questioning the recognition compared to Reno Omokri's ambassadorial nomination. Read full details and public reactions.
FG Expands Tax Training for 50 Content Creators
The Federal Government has increased slots for its special tax law training to 50 content creators. Applicants need 10,000+ followers and must apply by December 8, 2025.
FG Selects 20 Content Creators for Tax Reforms Training
The Federal Government has unveiled 20 top content creators for a special tax reforms training. Over 8,500 nominations were received. Find out who made the list and what it means for the new tax laws.
MTEF 2026-2028 Signals Fiscal Realism, CPPE Says
The CPPE hails Nigeria's new MTEF-FSP for budget credibility but experts warn late approval undermines scrutiny. Key figures: $64.85 oil benchmark, N1,512/$ exchange rate. Read the full analysis.
20 Creators Picked for Tax Reform Training
Tax reform boss Taiwo Oyedele unveils 20 top content creators for special training on new tax laws. The 'Influencing for Good' programme aims to boost public understanding. See the full list and details.
Top 20 Creators Picked for Tax Reform Training
Taiwo Oyedele unveils 20 top content creators for special tax reform training. They will learn new laws to educate their followers. Find out who made the list.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
True Local Govt Autonomy Needs More Than Supreme Court
Nigeria's 2024 Supreme Court judgment on local government autonomy is just the start. Experts argue real change requires good governance, anti-corruption measures, and cooperative federalism to empower grassroots development. Read the full analysis.
National Debt Rises to N152.4 Trillion
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
NOA to Drive Public Tax Law Education Before 2026
National Orientation Agency partners with tax committee to educate Nigerians about new Tax Act benefits starting January 2026. Learn how this affects you and combat misinformation.
CBN Won't Fund Fiscal Deficits, Says Cardoso
CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
Nigeria Launches REVOP to Boost Revenue Transparency
The Federal Government launches REVOP, a tech-driven revenue system to eliminate financial leakages and ensure real-time tracking of all public funds for national development.
CITN Links Tax Reform Success to Professionalism
CITN President emphasizes that Nigeria's January tax reforms require ethical, professional tax workforce. 685 new fellows urged to lead transformation.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
EU to challenge China's rare earths dominance
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Kalu: Nigerians Yearn for State Police, Federalism
Deputy Speaker Benjamin Kalu reveals Nigerians strongly demand constitutional reforms including state police and fiscal federalism. Lawmakers are finalizing amendments to address governance and security challenges.
CBN Seeks Better Fiscal-Monetary Policy Alignment
CBN executives and economic experts emphasize urgent need for coordinated monetary and fiscal policies to achieve Nigeria's economic stability. Learn about the new framework.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
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