FG Seeks Banks’ Support for Revenue Optimisation Platform
The Federal Government has engaged the banking community on the Revenue Optimisation Assurance Platform, a digital revenue collection system aimed at improving revenue generation, blocking leakages and enhancing transparency in public finance management. Speaking at a sensitisation workshop organised by the Office of the Accountant-General of the Federation in Abuja on Friday, the Minister of […]
No New Taxes on Fuel, Telecoms, Says Nigerian Government
The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum products following recommendations contained in the latest IMF Article IV Consultation Report on Nigeria. The government said the reports misrepresented the contents of the IMF report and did not reflect its […]
FAAC Revenue Sharing: FG, States, LGs Share N2.3tn
The Federation Account Allocation Committee shared N2.3tn among the Federal Government, states and local government councils from May 2026 revenue, representing an increase of N43bn from the N2.26tn distributed in the previous month. The latest allocation marks a 1.9 per cent month-on-month increase and continues the upward trend in federation revenues. The N2.257tn shared from […]
NAMA Pension Arrears: Over 1,000 Retirees Seek FG Interventi
Over 1,000 retirees of the Nigerian Airspace Management Agency are still awaiting their pension benefits years after exiting service, as they decry the prolonged delay and urge the Federal Government to urgently intervene. Former Director of Air Traffic Services at NAMA and Chairman of the NAMA Pensioners Association, Stephen Olopha, has appealed to President Bola […]
Minimum Wage Review: Labour to Engage FG on New Demands
The Nigeria Labour Congress and the Trade Union Congress said they will restart negotiations with the Federal Government over a new national minimum wage, warning that workers can no longer cope with rising living costs as inflation continues to erode real incomes. The unions are pushing for what they described as a “genuine living wage” […]
PTAD Defends Pension Policy Amidst Retirees’ Protest
The Pension Transitional Arrangement Directorate has criticised a protest staged by former workers of the defunct Assurance Bank Plc at its Lagos State office, describing their demands as contrary to Federal Government guidelines. The ex-workers staged a demonstration on Wednesday, June 10, 2026, over their non-inclusion in the N32,000 pension increment approved by President Bola […]
FG May Pay Salaries, Pensions Via eNaira Platform
The Federal Government may begin paying salaries, pensions and social welfare benefits through the eNaira under a new Central Bank of Nigeria roadmap aimed at transforming the country’s digital currency into a major payment channel. The proposal is contained in the Nigeria Payments System Vision 2028, released by the CBN, which outlines plans to expand […]