
2026 Budget: MDAs Insert ₦3.5tn New Projects Despite Roll-Over Directive Fresh findings from an analysis of the 2026 Appropriation Bill indicate that the Federal Government has proposed ₦3.50 trillion for new projects, notwithstanding earlier instructions to Ministries, Departments and Agencies (MDAs) to limit fresh capital spending. The directive, issued through the 2026 Abridged
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FCTA Rescues Children From Orphanage in Abuja as Proprietress Flees The Federal Capital Territory Administration (FCTA) has rescued several children from an orphanage in Kagini, Bwari Area Council, following concerns over their welfare and adoption practices. The operation, carried out on Tuesday, involved the FCT Department of Child Development, the National Agency for
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Intelligence Backbone of Modern Customs Operations – CGC By Alabidun Shuaib AbdulRahman The Comptroller-General of Customs (CGC), Adewale Adeniyi, has charged officers of the Customs Intelligence Unit (CIU) of the Nigeria Customs Service (NCS) to place intelligence at the centre of their operations, warning that no modern security or revenue system can function
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NNPCL Subsidiary Debts Hit N30.3tn, Raise Liquidity Concerns Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited (NNPCL) is facing mounting financial pressure as debts owed by its subsidiaries and related entities surged to N30.30tn in 2024. Findings from NNPCL’s 2024 audited financial statements show that inter-company receivables rose
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FG Insists New Tax Laws Begin January 2026 By Alabidun Shuaib AbdulRahman The Federal Government has said the new tax laws will take effect from January 1, 2026, as scheduled, dismissing calls for any suspension of the reforms. President Bola Ahmed Tinubu stated this in a statement issued by the Presidency on
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Minority Caucus Challenges FG on New Tax Laws The Minority Caucus of the House of Representatives has asked the Federal Government to halt implementation of the planned tax laws following alleged alteration controversies rocking the country. The call for suspension followed insistence by Chairman of the Presidential Committee on Fiscal Policy and Tax
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