In a dramatic turn of events, a Chinese company has seized three Nigerian presidential aircraft due to an unpaid debt owed by Ogun State, a region in southwestern Nigeria. This unprecedented action has sparked a wave of controversy and raised questions about international debt enforcement and the impact of local[Read More…]
Tag: The Unprecedented Seizure: How a Chinese Company Seized Nigerian Presidential Aircraft Over Ogun State Debt
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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…]