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SPECIAL REPORT: Worksite crèches empower Nigerian women to balance careers, motherhoodINVESTIGATION: Despite ban in several countries, ‘harmful’ weight gain product sold indiscriminately in NigeriaAn apple a day now a mirage, By Sylvester OjenagbonSPECIAL REPORT: Worksite crèches empower Nigerian women to balance careers, motherhoodINVESTIGATION: Despite ban in several countries, ‘harmful’ weight gain product sold indiscriminately in NigeriaAn apple a day now a mirage, By Sylvester...
Analysts argue that, in addition to its contribution to funding the budget, the NCS plays a crucial part in reducing Nigeria’s debt burden, a necessary step for spurring development and addressing the country’s numerous challenges. The C-G emphasised that this programme would improve the ease of doing business at Nigeria’s ports. Its formal inauguration is scheduled for 14 February 2025.
The total value of these seizures, based on the Cost, Insurance, and Freight value, amounted to N28.46 billion, with a total duty of N6.83 billion. Analysts contend that for Nigeria to emerge from its current economic challenges and for the government to build on its progress, stabilising the naira exchange rate and restoring economic stability should be priorities.The 2025 budget proposal, tagged the ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity’, amounts to N49.7 trillion and sets a revenue target of N36.35 trillion.
Economic expert David Ambi expressed concern that the NCS’s new target of N6.58 trillion may stretch its capabilities. Open communication and education campaigns, he added, would help build trust and ensure that businesses feel supported, rather than overwhelmed, in their interactions with the NCS.
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