Dwindling revenue: Senate to reduce 6trn proposed import duties waiver by 50%
September 14, 2022 The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4trillion. The Chairman, Senate Committee on Finance, Sen. Solomon…
Senate approves 2022-2024 MTEF/FSP, oil price benchmark at $57pb
Sept. 22, 2022 The Senate has approved the 2022-2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), just as it pegged oil price benchmark at 57 dollars per barrel….
MTEF/ FSP: FG projects N6.54 trn revenue, N2.62 trn to accrue to Federation Account, VAT in 2022
July 8, 2021 The Federal Executive Council (FEC) has approved the 2022 – 2024 Medium Term Expenditure Framework and the Fiscal Strategy Paper (MTEF/ FSP). Minister of Finance, Budget and…