Economic Recession

Recession: FG proposes exemption of minimum wage earners from tax

THE Federal Government of Nigeria has said that it is proposing the exemption of minimum wage earners from paying...

Buhari Unveils Plan For Economic Recovery, Urges States To Key In

President Buhari noted that the new Economic Recovery and Growth Plan, EGRP, focuses on agriculture in order to ensure adequate food security, as well as energy, industrialisation and social investment.
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Fuel Consumption Drops As Recession Worsens

In an apparent reaction to the economic crunch being experienced in Nigeria, petrol consumption as well as vehicle importation has drastically dropped.

First Lady Reveals She May Not Support Her Husband’s Re-Election

Wife of the Nigerian president, Aisha Buhari has hinted that she may not support her husband for the 2019 presidential bid if he does not reshuffle his cabinet.
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Assets Sale Is To Fund 2016 Budget – Udoma

The Federal Government has said that the proceeds from the proposed sale of some of the country’s national assets would be used to fund the expenditure of government as contained in the 2016 budget.

Recovered Loot Not Enough To Revive Economy

Looted funds recovered so far by the Muhammadu Buhari administration is not near what the country needs to revive the economy, minister of information, Lai Muhammed has said.
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