A former President of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Okechukwu Unegbu, has strongly disputed the latest inflation figures released by the National Bureau of Statistics (NBS), accusing the federal government of manipulating economic data to present a false picture of stability to the international community. The[Read More…]
Tag: Says Nigeria’s True Inflation Rate Has Hit 40%
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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…]