Tag: fiscal policy Nigeria

Nigeria’s fiscal challenges persist as reforms begin to show early signs of recovery, says Budget Office

Business Damilola Bayonle -
Nigeria’s fiscal outlook remains under pressure despite early signs of recovery, as government officials point to ongoing reforms as...

FG Targets Oil Windfall and Loans to Close Nigeria’s N9tn Budget Deficit in 2026

Business Damilola Bayonle -
Nigeria’s fiscal outlook for 2026 is undergoing a major recalibration as the Federal Government moves to plug a widening...

Tax reforms catalyst for economic growth as Nigeria unveils sweeping new fiscal framework

Business Damilola Bayonle -
Tax reforms catalyst for economic growth as experts highlight new fiscal direction Nigeria’s evolving fiscal framework is gaining strong backing...

FG pushes inclusive tax overhaul: Fairness and opportunity take centre dtage in Nigeria’s reforms

Business Damilola Bayonle -
Nigeria’s ongoing fiscal reforms are taking a broader, more inclusive direction, as the Federal Government emphasises that taxation must...

States control nearly half of Nigeria’s public spending as FG pushes urgent economic coordination plan

Business Damilola Bayonle -
Nigeria’s fiscal structure is once again in focus following fresh disclosures that state governments control nearly half of the...

Nigeria weak tax system forced heavy borrowing, says Tegbe as govt launches major tax reforms

Business Damilola Bayonle -
Nigeria’s prolonged reliance on borrowing to finance public spending has been largely driven by a fragile tax structure that...

FG begins direct remittance of oil revenues to FAAC, ends NNPC deductions

Business Damilola Bayonle -
Executive order: FG begins direct remittance of oil revenues to FAAC under new fiscal reset Nigeria’s fiscal architecture entered a...

January paychecks rise as Nigeria’s new tax law cuts PAYEu deductions

Business Damilola Bayonle -
Tax law delivers early pay gains for workers Nigeria’s tax law delivers early pay gains for workers, with January payrolls...

Nigeria faces debt crossroads as Edun urges revenue-driven economic reset

Business Damilola Bayonle -
Nigeria’s mounting debt burden has returned to the centre of national economic debate after the Minister of Finance and...

FG may raise alcohol, cigarette taxes as $750m World Bank loan drives major reforms

Business Damilola Bayonle -
Nigeria’s Federal Government may introduce higher excise duties on alcohol, tobacco, and other so-called “sin goods” from 2026 as...

FG explains how new tax law tackles double taxation, targets foreign income and digital firms

Business Damilola Bayonle -
Nigeria’s fiscal reform agenda has entered a decisive phase as the Federal Government unveiled detailed clarifications on the country’s...

Nigeria capital spending hits 85% after extended 2024 budget — Edun

Business Damilola Bayonle -
Nigeria recorded a significant improvement in fiscal execution in 2024, achieving an 85 per cent performance in capital spending...