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Peterside To Co-Chair Steering Committee on Nigeria Agenda 2050, MTNDP

President Muhammadu Buhari on Wednesday formally constituted the National Steering Committee to oversee the development of the Nigeria Agenda 2050 and Medium-Term National Development Plan (MTNDP) to replace Vision 20:2020 and the Economic Recovery and Growth Plan (ERGP) 2017-2020. Buhari said the composition of the committee, which will be jointly chaired by Mr. Atedo Peterside […]

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FG Tasks States On Alternative Revenue Generation Options

The Minister of State Budget and National Planning, Prince Clement Agba, has charged state commissioners of budget and economic planning to devise alternative ways of revenue generation to ensure sustainable development of the nation’s  economy. The Minister gave this charge at the  Forum of Commissioners of Budget and Economic Planning, Community of Practice (CoP) meeting […]

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Revenue Constraints Hamper Attainment Of ERGP Targets – CDD

The Centre for Democracy and Development (CDD), one of Nigeria’s leading civil advocacy group on good governance, has identified revenue shortfalls as one of the constraints that undermined the Federal Government’s efforts to meet the broad economic development targets as outlined it the Economic Recovery and Growth Plan (ERGP). The civil society group made this […]

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Buhari Hinges MTEF, FSP Documents’ Targets On Improved Revenue

President Muhammadu Buhari on Wednesday submitted the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly, hinging the attainment of the economic development targets projected in the documents on improved tax revenue and other fiscal performance parameters. The President stated that that key developments of the global and domestic environments […]

Budgeting Economy News Extra Latest News National Assembly Revenue Taxation

FG Proposes N8.6Trn For 2019 Appropriation Bill

The Federal Government on Thursday indicated its plan to propose a N8.6 trillion Appropriation Bill to the National Assembly for consideration as 2019 budget. When analysed year-on-year, the proposed budgetary provision is lower by about N500 billion to the N9.1 trillion approved budget for the current fiscal year. It would be recalled that the National […]

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Again, IMF Lists Conditions For Nigeria’s Economic Stability

The International Monetary Fund has canvassed the need for the Nigerian Government to prioritise structural reforms and growth-friendly fiscal consolidation in view of the increasing non-oil revenue accruals in order to stabilize the nation’s economy. The IMF Senior resident representative in Nigeria, Dr Amine Mati, made this position known at the September breakfast edition of […]

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NNPC Unveils 3-Phase Strategic Plan To Improve Market Share

The Nigerian National Petroleum Corporation (NNPC) has unveiled a three-phased corporate strategy to enhance its market opportunities, particularly in the African continent between now and 2021. The thrusts of the plan were contained in the corporation’s latest latest edition of the quarterly in-house publication with the cover story titled ‘From Gas to Greatness’. The corporation’s Group […]

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Nigeria Attracts $84Bn FDI Inflow In 18 Months – Osinbajo

Nigeria’s foreign direct investment (FDI) inflows have continued to gain more traction following the ongoing economic policy reforms of the government with about $83.9 billion investments inflow into the economy from January 2017 and the end of the first quarter of this year. The evidence of the improved FDI inflows was contained in a report […]