April 30, 2026
Vunoklang, Hayin Gada, Off Mubi Road, jimeta - Yola, Adamawa State, Nigeria
Business Economy

MAN, expert flay FG’s reason for excess tax on soft drinks

The Manufacturers Association of Nigeria, MAN and experts have described moves by the Federal Government, FG, to use health reasons as justification to increase excise tax on non-alcoholic drinks as misleading, adding that the reasoning defies all economic logic and Nigeria’s realities. This is coming barely  two weeks after the Sectoral Group of the MAN […]

Read More
Business Economy Politics

2023: FG, states budget N19.16trn on salaries, pensions, others

The Federal and 35 of the 36 state governments, including the Federal Capital Territory, Abuja, are to spend the sum of N19.16 trillion on payment of salaries, pensions, emoluments and others in 2023. They have also budgeted a miserly N11.435 trillion for capital projects. The recurrent expenditure could be more because most of the budget […]

Read More