
Federal Government Of Nigeria







The governor of Lagos State promised to address the unstable electricity supply that has seriously harmed businesses by constructing a $150m lithium battery plant

Aderonke Atoyebi, a tax analyst, has explained the benefits of the restarted naira-for-crude to the Nigerian economy, describing it as an axiom for a robust economy.

The Nigerian government is planning to build the National Petroleum Product Stockpile, modelled after the US, to hedge the country against shocks.

Nigeria has slashed electricity supply to Niger, capping it at 46mw from 80mw, representing 42% of total supply, leading to the country rationing electricity.

The electronic call-up system has faced challenges with racketeering, leading to congestion at Tin-Can and Apapa ports, with truckers now paying exorbitant fees.

The National Bureau of Statistics has disclosed that Nigeria's inflation rate spiked to 24.23%, caused by high food prices, which rose by almost 24%.

FG recently decided to change it revenue collection system, and now, the House of Representatives wants the company to refund N182.77 billion to FG.

Fuel prices in Nigeria have dropped significantly following the government's renewed naira-for-crude policy and global oil price declines. But it could go lower.

According to the Minister of Petroleum Resources, Heineken Lokpobiri, letting gas prices change in line with market forces is the main objective of deregulation.
Federal Government Of Nigeria
Load more