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Again, FG Says Nigeria’s Debt Is Sustainable

The Minister of Budget and National Planning, Udoma Udo Udoma, on Wednesday said there was no cause for alarm on the country’s rising debt profile, saying it is sustainable. Udoma, who gave the assurance after the Federal Executive Council (FEC), reiterated government’s stance on the nation’s increasingly worrisome debt stock over which many analysts have […]

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IMF Advises FG To Reduce Tax Exemptions, Incentives

The International Monetary Fund (IMF) has advised the Nigerian government on the need to reduce its tax exemptions and incentives list for companies as a strategic option of boosting non-oil tax collections. In addition, the Fund also tasked government on tax reforms, including raising excise taxes and expanding its scope to cover more goods The […]