FG Slaps 10% Fine on Tax Defaulters

Subsidy Removal Yields N15.8trn Savings Over 30 Months -Oyedele

Nigeria saved 15.8 trillion naira from petrol subsidy removal and currency liberalisation between June 2023 and December 2025. Minister of Finance Taiwo Oyedele released the figures during a media briefing on the federal government’s reform scorecard in Abuja. The fiscal windfall mobilised critical liquidity across the three tiers of government. The Federal Government Reform Scorecard…

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Nigeria Eyes N25.27tn Deficit as 2026 Budget Looms.

Nigeria Eyes N25.27tn Deficit as 2026 Budget Looms.

  ABUJA — The Nigerian Senate officially confirmed yesterday that the nation must embrace fresh borrowings to sustain the 2026 fiscal cycle. Senator Solomon Adeola, Chairman of the Senate Committee on Appropriations, announced this during a public hearing in the capital. The proposed budget estimates total expenditure at N58.47 trillion, significantly outpacing the projected revenue…

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