A Federal Capital Territory (FCT) High Court has sentenced Hon Farouk Lawan, a former member of the House of Representatives, to seven years imprisonment over the fuel subsidy scandal. Lawan was found guilty of soliciting bribe from billionaire businessman, Femi Otedola, during the probe of fuel subsidy in 2012. He[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…]