The recent swift approval of the ENI-Oando deal has sparked considerable debate within Nigeria’s energy sector. As the Italian energy giant ENI divests its onshore assets in Nigeria, selling them off to Oando, a prominent Nigerian oil and gas company, industry stakeholders are raising eyebrows at the speed with which[Read More…]
Tag: The ENI-Oando Speedy Approval Raises Questions Amid Lingering Divestment Concerns
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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…]