The Federal Executive Council (FEC) has officially directed the full implementation of the Naira-for-Crude policy, aiming to enhance local refining capacity and reduce Nigeria's reliance on foreign exchange for petroleum ...
The Federal Executive Council (FEC) adopted a ₦47.96 trillion budget plan for 2025, up 36.8% from the 2024 forecast. Key Projections: Revenue: ₦34.82 trillion Expenditure: ₦47.96 trillion Deficit: ₦13.13 trillion, ...
The Federal Executive Council (FEC) has suspended the Cyber Security Levy imposed on Nigerians by the Office of the National Security Adviser through the Central Bank. This decision was communicated ...
The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by The PUNCH. This was according to data from the Federation ...
The Federal Executive Council (FEC) has given approval to the 2024 Appropriation Bill with a total expenditure of N27.5 trillion. The Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, ...
The Federal Executive Council (FEC) has given its approval to a supplementary budget of over N2 trillion for the year 2023, marking the second supplementary budget for the year. The ...
The Federal Government, on Wednesday, in Abuja, approved an e-Customs modernisation project worth at least N142.24bn amid reports of an existing court order restraining it from proceeding with the project. ...
The Federal Government, on Wednesday, said marketers who engaged in racketeering activities were responsible for the rising cost and scarcity of Premium Motor Spirit in parts of the country. The ...
The Federal Executive Council (FEC) has approved N660.422 million for the procurement of operational vehicles for the Federal Road Safety Corps (FRSC). The contract awarded to Innoson Motors is for ...
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