As part of move to revive Ajaokuta Steel Mill located in Ajaokuta, Kogi State, the Federal Government has begun talks with some partners, including the United Bank of Africa (UBA), Stanbic IBTC Bank and Voda Infrastructure Management Limited, striking a multilateral finance agreement in the region of N35 billion. Shuaibu[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]