Fiscal Policy

Nigeria’s reliance on cash transactions is at the heart of the nation’s soaring inflation, experts have warned, urging the federal government to implement a more structured economic framework. Charles Iyore,…

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has revealed that over 90% of public and private sector workers will pay lower taxes if the…

Proshare’s latest report shows that Nigeria’s foreign reserves must reach $60 billion to control inflation and meet the Central Bank of Nigeria’s (CBN) target of 21%. The “Economic Outlook Report…

Economic experts at the recent FirstBank forum expressed a cautiously optimistic outlook for Nigeria’s economy in 2025. The discussions focused on potential recovery drivers and sustained growth despite the economic…

The controversy surrounding the Tax Reforms Bill continues to grow, with mounting opposition from various states and key political figures. Kano State Governor, Abba Kabir Yusuf, has firmly rejected the…

Olusegun Alebiosu, CEO of FirstBank Group, has expressed confidence that the proposed N49.7 trillion 2025 budget will deliver much-needed economic stimulus, benefiting households and businesses across Nigeria. Speaking at the…

Political activist and Peoples Democratic Party (PDP) chieftain, Comrade Usman Austin Okai, has called on the National Assembly to prioritize the passage of long-overdue tax reform bills, stressing their critical…

In a landmark move aimed at restructuring Nigeria’s tax system, the House of Representatives has approved key tax reform bills, retaining the current 7.5% Value Added Tax (VAT) rate while…

The Nigerian government has spent an alarming N8.94 trillion on debt servicing in the first nine months of 2024, accounting for 47% of total expenditure during this period. This represents…

In a significant move to align the state’s fiscal planning with expected revenue, the Nasarawa State House of Assembly has approved a revised 2025 budget of N384.3 billion. This revision…