Tag Archives: FG

The Nigerian government is set to impose a 25 percent personal income tax on individuals earning over N100 million per month, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. This reform aims to ensure that wealthy Nigerians contribute their fair share to national revenue …

The Federal Government has finalized the Executive Order to implement zero value-added tax (VAT) and excise duties on pharmaceutical products and medical devices, a move aimed at reducing healthcare costs for Nigerians. Alaba Balogun, the spokesman for the Federal Ministry of Health and Social Welfare, confirmed the development on Wednesday, …

The Federal Government has stated that it is not responsible for the recent increase in petrol pump prices across Nigeria. Following an announcement by the Nigerian National Petroleum Company Limited (NNPCL) on October 9, which saw petrol prices soar to over N1,000 per liter in several regions, many Nigerians have …

The federal government has denied reports that it plans to relocate internally displaced persons (IDPs) from the northern part of Nigeria to the southeast. Tijani Aliyu Ahmed, the Federal Commissioner of the National Commission for Refugees, Migrants, and Internally Displaced Persons (NCFRMI), made this clear at a press conference in …

The Federal Government has announced the removal of value-added tax (VAT) on essential energy products such as diesel and cooking gas, a move aimed at alleviating the current economic hardship faced by Nigerians. According to a statement from Mohammed Manga, Director of Information at the Ministry of Finance, the VAT …

The Academic Staff Union of Universities (ASUU) has warned Nigerians to hold the Federal Government responsible if they are forced to embark on another strike because they have refused to listen to their cry.  In a statement from ASUU’s Nsukka Zone, the union highlighted the government’s failure to address key …

The Federal High Court in Abuja has given the green light for a lawsuit seeking to compel the Federal Government to investigate former Zamfara Governor and current Minister of State for Defense, Alhaji Bello Matawalle, over alleged ties to banditry in Zamfara State, Nigeria. The suit, filed by human rights …

The Federal Government has officially declared Tuesday, October 1, 2024, a public holiday to celebrate Nigeria’s 64th Independence Anniversary.   This announcement was made on Saturday, September 28, by the Permanent Secretary of the Ministry of Interior, Dr. Magdalene Ajani, on behalf of the Minister of Interior, Dr. Olubunmi Tunji-Ojo.  In …

The Defense Headquarters (DHQ) has announced that investigations are ongoing into the allegations of banditry sponsorship in Nigeria’s North-West region, which has kept people in fear. This was disclosed by the DHQ’s Director of Media Operations, Maj. Gen. Edward Buba, during a press briefing in Abuja on Thursday, September 26, …

The Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to the Federal Government, threatening to resume strike action if lingering issues from the 2009 FGN/ASUU Agreement are not addressed. In a statement released on Wednesday, September 25, ASUU President Emmanuel Osodeke emphasized the union’s frustration with the …

Aliko Dangote, founder of the Dangote Petroleum Refinery, has called on the federal government to immediately remove the petrol subsidy, arguing that it has become unsustainable for Nigeria. Speaking in an interview with Bloomberg TV on September 24, Dangote stated that continuing the subsidy burdens the government and distorts market …

The Nigerian government has issued an urgent plea to residents living in flood-prone areas to relocate immediately as water from the Lagdo Dam in Cameroon is being released into the River Niger and the River Benue to free up the water a little before it outbursts its space.   The Nigeria …

 The Federal Government has implemented a N50 levy on electronic money transfers (EMTL) of N10,000 and above, targeting customers of fintech platforms like Opay and Moniepoint. The levy, mandated by the Federal Inland Revenue Service (FIRS), will take effect on September 9, 2024, according to notifications sent by fintech companies …

The Federal Government has announced that only Nigerians with National Identification Numbers (NIN) will be allowed to purchase subsidized rice as part of efforts to tackle the high cost of food in the country. Speaking at the flag-off event in Abuja on September 5, the Minister of Agriculture and Food …

The Federal Government is considering removing taxes on essential items such as food, public transportation, and house rents to alleviate the financial strain on Nigerians. This proposal was put forth by the Presidential Committee on Fiscal Policy, led by Chairman Taiwo Oyedele, during a recent interview on Channels Television. The …