No Plans To Implement 5% Fuel Tax Anytime Soon – Wale EdunThe minister’s explanations follow growing concerns regarding the implementation of the 5 per cent fuel tax.Finance Minister Wale Edun has clarified that there are no immRead More
Finance and Economy
Customs Boss To Leverage On Digital Platforms For Trade FacilitationThe new Controller of the Apapa Command of the Nigeria Customs Service (NCS), Comptroller Emmanuel Oshoba has said on Monday that he would leverage on the UnifiRead More
5% Fuel Tax Good For Nigerians, Will Fund Road Infrastructure - Tinubu Govt President Bola Tinubu-led has highlighted the benefits of a five percent tax on fuel for Nigerians, insisting it would not be abolished despite preRead More
I've met my revenue target for 2025 Tinubu President Bola Tinubu on Tuesday in Abuja declared that Nigeria had met its revenue target for 2025 ahead of schedule and would no longer rely on borrowing to fund its budget.AddreRead More
Nigeria’s GDP expected to expand between 3.2% and 3.9% in Q2 2025 on rebasing, stable FX, stronger business activityNigeria’s economy is projected to post stronger growth in Q2 2025, with analysts forecasting real GDPRead More
Top 10 states by FAAC net allocation in H1 2025; Delta, Rivers, Lagos top allocation chart Nigeria’s 36 states shared N3.61 trillion in net FAAC allocations in the first half of 2025, NairaRead More
Tinubu’s economic policies yielding positive results - finance expert NataroA public finance expert, Salihu Nataro, has commended the economic policies of President Bola Ahmed Tinubu, saying the policies are headed in the right dRead More
Nigerians to pay $80 duty on US shipments – NIPOST The Nigerian Postal Service has announced that, with effect from August 29, 2025, all postal shipments from Nigeria to the United States, except letters and documents, willRead More
Tinubu’s FX reforms position Naira as export engine – DG Budget Office The Director-General Budget Office of the Federation, Tanimu Yakubu, has said that President Bola Tinubu’s foreign exchange reforms have reRead More
Nigeria eyes stronger Q2 2025 growth amid non-oil expansion Nigeria’s economy is projected to record stronger growth in the second quarter of 2025, with analysts forecasting real GDP expansion between 3.2 per cent and 3.9 Read More
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Finance, Investment and Economic matters
Finance, Investment and Economic matters
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10 Members
Olugbemi. Adeyinka Ogunleye
I believe some people went in misinformation spree on this matter... many deliberately misrepresented the tax act.. the implementation of which will need a good technical interpretation. Unfortunately it's the wilfully ignorant OAPs, influencer and quack emergency economists and Mic huggers that are painting wrong pictures