7 m. ago Despite FG’s clarification: Opposition mounts against fuel tax

•Manufacturers, business owners, economists, labour say levy counterproductive, will worsen hardship By Juliana Taiwo-Obalonye (Abuja), Merit Ibe (Lagos), Adanna Nnamani (Abuja) The Federal Government’s plan to introduce a five per cent surcharge on petrol, diesel and aviation fuel has ignited widespread concern among citizens, businesses, labour unions, and economic analysts.  The fuel tax, which is […] The post Despite FG’s clarification: Opposition mounts against fuel tax appeared first on The Sun Nigeria.

Politics

15 h. ago Green Economy, Decarbonisation Key To Energy Transition Plan, Says Federal Government

  The Federal Government has said that green economy, climate ambition, climate action and decarbonisation remained central to Nigeria’s energy transition plan, insisting that the country was committed to achieving its net zero target. Senior Special Assistant to the President on Climate Technology and Operations, Olamide Fagbuji, stated this in Abuja at the maiden edition […]

Politics

67 h. ago Fisheries operators pick holes in Marine and Blue Economy policy targets

Tribune Online Fisheries operators pick holes in Marine and Blue Economy policy targets • faults establishment of six fish processing plants The Nigerian Trawlers Owners Association (NITOA)has revealed that the plan by the Federal Government to establish six new Fish Processing Plants by end of 2025, as stated in the Marine and Blue Economy policy, remains a talk-show as nothing significant as happened since the policy was unveiled […] Fisheries operators pick holes in Marine and Blue Economy policy targets Tribune Online

Events

4 d. ago Why N6.28trn windfall tax projection failed —Investment Banker

Tribune Online Why N6.28trn windfall tax projection failed —Investment Banker Nigeria’s much-publicised N6.28 trillion windfall tax and foreign exchange (FX) gains projected for 2024 have yielded nothing as of September, underscoring the dangers of over-optimistic budget assumptions, according to investment bankers. A report by Cowry Asset Management Limited shows that the ambitious revenue plan outlined in the 2024 federal budget is unraveling. The government had […] Why N6.28trn windfall tax projection failed —Investment Banker Tribune Online

Politics

2 w. ago Removing Electricity Subsidy Will Worsen Poverty Among Nigerians, Labour Tells FG

The organised labour has warned that the federal government’s plan to phase out electricity subsidies will worsen living conditions for millions of citizens and cripple businesses already struggling with rising costs. Acting General Secretary of the Nigeria Labour Congress (NLC) Comrade Benson Upah, in a chat with LEADERSHIP Weekend, emphasised the potential fallout from higher […]

Science

3 w. ago Olajengbesi slams proposed pay rise for politicians, calls it insensitive

Pelumi Olajengbesi, Abuja-based lawyer, has condemned the plan to increase the salaries of the president, governors, federal lawmakers and other read more Olajengbesi slams proposed pay rise for politicians, calls it insensitive

Politics

3 w. ago NNPP chieftain faults proposed salary increase for political office holders

Tribune Online NNPP chieftain faults proposed salary increase for political office holders South-West chieftain of the NNPP has criticised the Federal Government’s plan to increase the salaries of political office holders, including the President, Vice President, ministers, and others, describing the move as “needless, insensitive, and morally bankrupt” in light of Nigeria’s current economic hardship. NNPP chieftain faults proposed salary increase for political office holders Tribune Online

Politics

3 w. ago FG assures on effective implementation of National Disaster Risk Reduction, Action Plan

Tribune Online FG assures on effective implementation of National Disaster Risk Reduction, Action Plan Federal Government on Tuesday reiterated its resolve towards ensuring effective implementation of the National Disaster Risk Reduction and Action Plan in Nigeria. FG assures on effective implementation of National Disaster Risk Reduction, Action Plan Tribune Online

Politics