The federal government, state governments and local governments shared ₦1.578 trillion, as allocation, for March. Henzodaily reports that the Federation Account Allocation Committee (FAAC), at its April 2025 meeting, chaired by the Minister of Finance, Wale Edun, shared the… FG, States, LGs Share ₦1.578 Trillion Allocation For March …C0NTINUE READING HERE >>>>
The Federal Government has set up a sub-committee to study the impacts of President Donald Trump‘s tariffs on the nation’s economy. Henzodaily reported that President Trump imposed a 14 percent tariff on goods from Nigeria into the United States. In response, the… FG Sets Committee To Study Trump’s Tariffs Impact On Economy …C0NTINUE READING HERE >>>>
The Federal Government has reaffirmed its unwavering commitment to the implementation of the Crude and Refined Product Sales in Naira initiative, describing it as a strategic, long-term policy aimed at bolstering Nigeria’s energy independence and easing pressure on foreign exchange… FG insists on Naira-for-crude policy to boost economic independence …C0NTINUE READING HERE >>>>
The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative has said the crude-for-naira policy of the federal government will continue. Henzodaily reports that the Sub-Committee reached the conclusion on Tuesday, after its meeting to review progress… Crude-For-Naira Deal Will Continue – Technical Sub-Committee …C0NTINUE READING HERE >>>>
The Bola Tinubu-led government is considering a major reset of its economic strategy in response to a 14% tariff imposed on Nigerian exports by the United States. Henzodaily reports that the tariff, which comes as part of a broader trade dispute between the two nations,… Tinubu Government Considers Budget Review Amid Trump’s Tariff Sanction On … Read more
Nigerian Minister of Finance, Wale Edun, met the European Union, EU, ambassador to Nigeria, Mr Gautier Mignot, in Abuja to unlock €1.3 billion in investment. The Ministry of Finance disclosed this on its X account on Thursday. During the meeting, Ambassador Mignot… Nigerian Finance Minister meets EU envoy to unlock €1.3m investment …C0NTINUE READING HERE … Read more