Nigeria's independent online newspaper
Bagudu said the council has approved the 2024-2025 medium-term expenditure framework and fiscal strategy papers .Wale Edun, the minister of finance and coordinating minister of the economy, says the federal executive council has approved a $1.58 billion on Thursday, said it will disburse £150 billion by 2027 through its global gateway initiative to enhance infrastructure in over eight sectors in Nigeria and other African countries.
In a statement last week, Zacch Adedeji, the FIRS chairman, said the move would enhance tax compliance and revenue collection in the country. VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain — from production to the point of sale.The federal executive council has projected that Brent crude oil price will depreciate and the naira will recover significantly against the dollar in 2024.
Atiku Bagudu, minister of budget and planning, spoke about the federal government’s outlook for the exchange rate and crude oil price after the council’s meeting on Monday. According to Bagudu, FEC established a reference price of $73.96 per barrel for crude oil and an exchange rate of N700/$ as key assumptions forClick on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Colombia 2024: Falconets coach invites 30 players for Tanzania tieAfter the Tanzania fixture, the Falconets will have one round to go before qualification for the big houseparty in Colombia...
Read more »
Rural Electrification Agency to electrify 250,000 households in 2024The Rural Electrification Agency (REA), says it is supporting 250,000 households withelectric mobility, mini-grids, home systems to boost electricity in the country in 2024.Rural Electrification Agency to electrify 250,000 households in 2024
Read more »
Colombia 2024: Coach Danjuma invites Omilana, Kalu, AdooThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
EDO 2024: PDP chieftain endorses Onaiwu, vows to resist impositionA chieftain of the People’s Democratic Party, PDP in Edo State, Mr Taiwo Ifidon, has endorsed the aspiration of Earl Osaro Onaiwu in the Edo State 2024 governorship race.
Read more »
Edo 2024: Group mounts pressure on Ize-Iyamu to contestA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »
Israel-Hamas War: Gaza receives aid two weeks after war escalationPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »