Category : Search result: Presidential Fiscal Policy Committee


US Visa Suspension for Nigerians Starts 2026

The United States will partially suspend visa issuance for Nigerian nationals from January 1, 2026. Learn which visas are affected and the key exemptions under the new security directive.

US Suspends Visas for Nigeria, 18 Countries

The United States announces a partial suspension of visa issuance for Nigeria and 18 other countries effective January 1, 2026. Learn the details and implications.

Presidency Denies Discrepancies in New Tax Laws

The Presidency has dismissed claims of alterations in the new tax laws signed by Tinubu. Taiwo Oyedele calls reports 'false and misleading' as controversy grows ahead of the January 2026 implementation.

Lawmakers Must Revisit Beverage Excise Bill, Experts Warn

Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.

Wike-Led PDP Faction Dissolves 14 State Excos

The Nyesom Wike-backed PDP Caretaker Committee has dissolved 14 state executives and announced fresh congresses for January 2026. Get the full list of affected states and details.

Reps, Senate Differ on 2026 Oil Benchmark in MTEF

The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.

PDP Caretaker Committee Dissolves 14 State Excos

The PDP's National Caretaker Committee has dissolved party executives in 14 states, reaffirming Abdulrahman Mohammed's leadership. State congresses are set for January 2026. Read the full details.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Tinubu Presents 2026 Budget to National Assembly Friday

President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Read details on security protocols and the event's significance for Nigeria's fiscal calendar.

Tinubu Presents 2026 Budget to National Assembly Friday

President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly this Friday. Get the full details on the schedule and security protocols for the key fiscal event.

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.

Reps Committee Denies Extorting JAMB, Refunds N62.7M

The House of Representatives committee has denied allegations of extorting JAMB, revealing it refunded N62.7 million twice. Get the full details on the oversight controversy and the cleared air.

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.

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