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The Government raised the appropriation for the super green car rebate by 132 million kr for 2015 and by 94 million kr for 2016. Beginning in 2016, only zero emissions cars are entitled to receive the full 40,000 kr premium, while other super green cars, plug-in hybrids, receive half premium. The exemption for the first five years of ownership ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2] This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Slated to be Nigeria’s first deepsea port and the deepest such facility in sub-Saharan Africa, work on Lekki began in March 2018 and is targeted to be complete in 2022. The port will help meet rising demand for containers in Nigeria, the compound annual growth rate of which is forecast to be 12.9% between 2016 and 2025.
Bola Tinubu assumed office as President of Nigeria on 29 May 2023. The president has the authority to nominate members of his Cabinet to the Nigerian Senate for confirmation. Ministers were nominated in July, and confirmed by the senate in August 2023.
Kekes are three-wheeled motor vehicles and the main means of transport in Nigeria. They have so far been imported from the Far East and usually cost about 800,000 Naira or 1,600 Euros. Innoson announced a selling price of 500,000 Naira or 1,000 Euros.
Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [57] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.
Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.
The Izuogu Z-600 prototype was the first indigenous Nigerian car, and the first automobile of indigenous all-African technology. It was the brainchild of engineer Ezekiel Izuogu. [ 1 ] Launched in 1997, the car caused a stir in the Nigerian media, and was touted by the then Nigerian chief of Staff General Oladipo Diya .