Former Vice President Atiku Abubakar has criticized the Federal Government over published revenue figures, calling the FAAC allocation increase under President Bola Tinubu a “monetary illusion” and a “scam of numbers”. In a press statement signed by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku stated that rising naira figures conceal severe economic…
Loyalists of Atiku Abubakar and President Bola Tinubu have traded fierce accusations over economic performance, foreign capital flight, and historical legal files.
Former presidential candidates have called on President Bola Tinubu to restore fuel subsidy measures to ease severe economic hardship across the country. Operating under the Coalition of Former Presidential Candidates (CFPC), the leaders addressed newsmen in Abuja on Tuesday. Consequently, the group warned that petrol price deregulation has triggered hyperinflation and pushed millions into poverty….
The Czech Republic has signalled renewed interest in expanding economic cooperation with Nigeria, with a focus on trade, investment, and technology exchange. The Czech Ambassador to Nigeria, Tomáš Výprachtický, made this known in Abuja on Sunday while speaking at a dinner event organised to unveil the Nigeria–Central Europe Chamber of Commerce (NCECC). Czech Ambassador Highlights…
Nigeria’s Value Added Tax (VAT) revenue reached ₦2.06 trillion in Q2 2025, according to the latest report from the National Bureau of Statistics (NBS). While this shows a marginal 0.03% quarter-on-quarter decline from Q1 2025, it represents a strong 32.15% year-on-year growth compared to Q2 2024. The numbers indicate sustained economic activity across key sectors….
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed its goal of raising Nigeria’s crude oil production to two million barrels per day (bpd) by 2027, and to three million bpd by 2030. This assurance came from Mr. Udy Ntia, Executive Vice President, Upstream, NNPC Ltd., during his presentation at the 2025 Abu Dhabi…
