Tinubu may present N47tn 2025 budget to N’Assembly today

by | Nov 15, 2024 | Business

The Federal Government on Thursday approved the Medium-Term Expenditure Framework for 2025 – 2027 and Fiscal Strategy Paper. According to the MTEF, the proposed 2025 budget size is N47.9tn, with new borrowings of N9.22tn, the Minister of the Budget and Economic Planning, Abubakar Bagudu, told State House Correspondents after this week’s Federal Executive Council meeting

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The Federal Government on Thursday approved the Medium-Term Expenditure Framework for 2025 – 2027 and Fiscal Strategy Paper. According to the MTEF, the proposed 2025 budget size is N47.9tn, with new borrowings of N9.22tn, the Minister of the Budget and Economic Planning, Abubakar Bagudu, told State House Correspondents after this week’s Federal Executive Council meeting

Read More The Federal Government on Thursday approved the Medium-Term Expenditure Framework for 2025 – 2027 and Fiscal Strategy Paper. According to the MTEF, the proposed 2025 budget size is N47.9tn, with new borrowings of N9.22tn, the Minister of the Budget and Economic Planning, Abubakar Bagudu, told State House Correspondents after this week’s Federal Executive Council meeting
Read More  Punch Newspapers – Business

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Ogun manufacturers decry N350bn unsold inventory

Ogun manufacturers decry N350bn unsold inventory

Manufacturers in Ogun State have decried the sluggish growth in the sector which has led to a stockpile of unsold finished goods valued at N350bn. This challenge, they say, is part of a broader crisis tied to soaring costs, forex scarcity, and infrastructural decay that has hobbled productivity in recent years. The Chairman of the

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Manufacturers in Ogun State have decried the sluggish growth in the sector which has led to a stockpile of unsold finished goods valued at N350bn. This challenge, they say, is part of a broader crisis tied to soaring costs, forex scarcity, and infrastructural decay that has hobbled productivity in recent years. The Chairman of the

Read More Manufacturers in Ogun State have decried the sluggish growth in the sector which has led to a stockpile of unsold finished goods valued at N350bn. This challenge, they say, is part of a broader crisis tied to soaring costs, forex scarcity, and infrastructural decay that has hobbled productivity in recent years. The Chairman of the
Read More  Punch Newspapers – Business

Manufacturers in Ogun State have decried the sluggish growth in the sector which has led to a stockpile of unsold finished goods valued at N350bn. This challenge, they say, is part of a broader crisis tied to soaring costs, forex scarcity, and infrastructural decay that has hobbled productivity in recent years. The Chairman of the
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FX crisis halts SMEs’ expansion, operators lament

FX crisis halts SMEs’ expansion, operators lament

Operators of Small and Medium Enterprises say that the goal of expanding their businesses is becoming less feasible due to the hostile economic environment, especially the foreign exchange crisis, which is hitting import-reliant industries particularly hard. Business expansion dreams look less likely for industry players as Nigeria’s Gross Domestic Product which grew by 3.19 per

Read More

Operators of Small and Medium Enterprises say that the goal of expanding their businesses is becoming less feasible due to the hostile economic environment, especially the foreign exchange crisis, which is hitting import-reliant industries particularly hard. Business expansion dreams look less likely for industry players as Nigeria’s Gross Domestic Product which grew by 3.19 per

Read More Operators of Small and Medium Enterprises say that the goal of expanding their businesses is becoming less feasible due to the hostile economic environment, especially the foreign exchange crisis, which is hitting import-reliant industries particularly hard. Business expansion dreams look less likely for industry players as Nigeria’s Gross Domestic Product which grew by 3.19 per
Read More  Punch Newspapers – Business

Operators of Small and Medium Enterprises say that the goal of expanding their businesses is becoming less feasible due to the hostile economic environment, especially the foreign exchange crisis, which is hitting import-reliant industries particularly hard. Business expansion dreams look less likely for industry players as Nigeria’s Gross Domestic Product which grew by 3.19 per
Read More

Oil earnings may hit N6.9tn monthly as production rises

Oil earnings may hit N6.9tn monthly as production rises

The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company Limited in collaboration with stakeholders, has raised crude oil production to 1.8 million barrels per day. The average price of Brent, the global benchmark for crude in 2024 is around $81 per barrel. This is

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The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company Limited in collaboration with stakeholders, has raised crude oil production to 1.8 million barrels per day. The average price of Brent, the global benchmark for crude in 2024 is around $81 per barrel. This is

Read More The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company Limited in collaboration with stakeholders, has raised crude oil production to 1.8 million barrels per day. The average price of Brent, the global benchmark for crude in 2024 is around $81 per barrel. This is
Read More  Punch Newspapers – Business

The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company Limited in collaboration with stakeholders, has raised crude oil production to 1.8 million barrels per day. The average price of Brent, the global benchmark for crude in 2024 is around $81 per barrel. This is
Read More

Nikon unveils new camera

Nikon unveils new camera

Nikon Incorporated has launched its Z6 III camera in Lagos, in a move highlighting its focus on the African market. In a statement, Nikon hailed the Z6 III as the “best hybrid camera,” combining high performance with multifunctional capabilities, appealing to both professional photographers and videographers. The Head of Sales and Strategy for the Middle

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Nikon Incorporated has launched its Z6 III camera in Lagos, in a move highlighting its focus on the African market. In a statement, Nikon hailed the Z6 III as the “best hybrid camera,” combining high performance with multifunctional capabilities, appealing to both professional photographers and videographers. The Head of Sales and Strategy for the Middle

Read More Nikon Incorporated has launched its Z6 III camera in Lagos, in a move highlighting its focus on the African market. In a statement, Nikon hailed the Z6 III as the “best hybrid camera,” combining high performance with multifunctional capabilities, appealing to both professional photographers and videographers. The Head of Sales and Strategy for the Middle
Read More  Punch Newspapers – Business

Nikon Incorporated has launched its Z6 III camera in Lagos, in a move highlighting its focus on the African market. In a statement, Nikon hailed the Z6 III as the “best hybrid camera,” combining high performance with multifunctional capabilities, appealing to both professional photographers and videographers. The Head of Sales and Strategy for the Middle
Read More

RMRDC, lawmakers move to stop locally sourced materials import

RMRDC, lawmakers move to stop locally sourced materials import

The Raw Materials Research and Development Council of Nigeria says it is working with Nigerian lawmakers to shut Nigeria’s borders against the importation of raw materials that can be locally sourced. RMRDC said it is pushing this through a bill before the National Assembly that has already scaled its first reading. The Director-General and Chief

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The Raw Materials Research and Development Council of Nigeria says it is working with Nigerian lawmakers to shut Nigeria’s borders against the importation of raw materials that can be locally sourced. RMRDC said it is pushing this through a bill before the National Assembly that has already scaled its first reading. The Director-General and Chief

Read More The Raw Materials Research and Development Council of Nigeria says it is working with Nigerian lawmakers to shut Nigeria’s borders against the importation of raw materials that can be locally sourced. RMRDC said it is pushing this through a bill before the National Assembly that has already scaled its first reading. The Director-General and Chief
Read More  Punch Newspapers – Business

The Raw Materials Research and Development Council of Nigeria says it is working with Nigerian lawmakers to shut Nigeria’s borders against the importation of raw materials that can be locally sourced. RMRDC said it is pushing this through a bill before the National Assembly that has already scaled its first reading. The Director-General and Chief
Read More