FG inaugurates Tax reform committee

Swat Bako, Abuja. The Federal Government has inaugurated a Technical Subcommittee on Fiscal Policy and Tax Reforms to review the implementation of Nigeria’s new tax laws and prepare proposals for…

FAAC shares ₦3.007tn to FG, States, LGs

….Calls for sustainable use of higher revenuesBarbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has approved ₦3.007 trillion in revenue allocation to the Federal Government, states and local government…

FG inaugurates advertising offences tribunal

The federal government on Tuesday inaugurated the newly constituted Advertising Offences Tribunal. The Minister of Information and National Orientation, Mohammed Idris, at the inauguration of the tribunal in Abuja, said…

FG releases guidelines for transition to new tax laws

Barbara Bako, Abuja. The Federal Government has issued guidelines to steer taxpayers and revenue authorities through the transition to Nigeria’s new tax regime, which takes effect from January 1, 2026.…

Finance minister pledges better economic policy communication

Barbara Bako, Abuja. The Federal Government has pledged to strengthen its engagement with the media to improve public understanding of its economic policies and programmes. At a meeting with the…

FG hails IMF assessment of Nigeria’s economy

Barbara Bako, Abuja. The Federal Government has welcomed the International Monetary Fund’s (IMF) latest assessment of Nigeria’s economy, describing it as an endorsement of ongoing reforms aimed at stabilising the…

FG approves payments for over 1,240 contractors

Barbara Bako, Abuja. The Federal Government has approved the settlement of verified claims owed to more than 1,240 local contractors, a move expected to inject fresh liquidity into businesses and…

Tinubu announces OPL 245 settlement

….Resolution Set to Unlock Major Deepwater Investment President Bola Ahmed Tinubu has announced the resolution of the long-standing dispute over Oil Prospecting Licence (OPL) 245, following a settlement agreement between…

FG halts NNPC deductions as executive order 9 takes effect

The Federal Government has commenced implementation of Executive Order 9 of 2026, with a directive stopping key deductions by the NNPC Limited and suspending certain petroleum revenue remittances, in a…

FG directs MDAs to follow procurement Act

Barbara Bako, Abuja. The Federal Government has directed Ministries, Departments and Agencies (MDAs) to strictly comply with the Public Procurement Act in the implementation and payment of the 2025/2026 capital…