From David Eze At the Appropriation Committee’s budget defence yesterday, Hon. Alex Mascot opened the inquiry by questioning the Federal Minister of Finance on capital budget disbursement and performance for 2024 and 2025. Despite claims that ₦1.15 trillion had been raised and approved to fund 30% of the 2025 capital budget, no disbursement has reached…
From Kelvin Ezih The Enugu State Government has restated that digital skills development is a major pillar of its strategy for youth empowerment and sustainable economic growth. Special Adviser on Digital Economy and SMEs, Arinze Chilo-Offiah, said the Enugu Tech Talents Programme is central to this effort, providing young people with high-demand skills including software…
From Edgar onyema The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has urged Nigerians to meet the legal requirements for filing their annual tax returns, stressing that compliance is compulsory for both individuals and employers. Oyedele delivered the reminder during a webinar held for human-resources personnel, payroll officers, chief…
From Marcus Nkire Nigeria’s inflation rate moderated sharply in November 2025, easing to 14.45 per cent from 16.05 per cent in October, the lowest level recorded in five years. The National Bureau of Statistics (NBS) announced the figures on Monday in its November 2025 Consumer Price Index (CPI) report, noting a month-on-month decline of 1.6…
By Peter Enahoro Founder and President of the Dangote Group, Aliko Dangote, has announced that petrol will retail at ₦739 per litre nationwide from Tuesday, with sales commencing at MRS filling stations in Lagos. Dangote disclosed this on Sunday during a press briefing at the Lekki Refinery, noting that the refinery had already reduced its…
From Marcus Nkire Former Vice President Atiku Abubakar has strongly rejected the Federal Inland Revenue Service’s decision to appoint Xpress Payment Solutions as a Treasury Single Account (TSA) agent. In a blistering public statement, Atiku warned that the move could replicate the controversial revenue collection model once seen in Lagos — suggesting the privatization of…
From Marcus Nkire Presidential Tax Reform Chairman says implementing fuel surcharge now would burden Nigerians Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has clarified that the proposed 5% fuel surcharge will not take effect until Nigeria’s economic indicators improve — specifically a stronger naira or a decline in…
By Marcus Nkire Arizona Attorney General Kris Mayes has threatened to sue U.S. House Speaker Mike Johnson if he fails to announce when and where newly elected Representative Adelita Grijalva will be sworn into office. In a letter sent Tuesday, Mayes accused Johnson of acting unlawfully by delaying Grijalva’s swearing-in, despite the certification of her…
By Marcus Nkire Israeli Cabinet Set to Vote on Gaza Ceasefire and Hostage Deal Israel’s cabinet is expected to vote Thursday on a landmark agreement with Hamas that could bring an immediate halt to the war in Gaza and secure the release of hostages held in the territory. The deal, described as the “first phase”…
