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The Nigeria Vision 20: 2020 is a perspective plan; an economic business plan intended to make Nigeria one of the top 20 economies by 2020, with a growth target of not less than $900 billion in GDP and a per capita of not less than $4,000 per annum. The three Pillars of the NV 20:2020 are i) guaranteeing the well-being and productivity of the ...
The government proposed a 100% increase of the minimum wage from ₦30,000 to ₦60,000, but the unions rejected this as "unsustainable" and demanded a larger increase. [2] According to BBC News, the monthly cost of the average Nigerian family's rice consumption is greater even than the government's proposed raised minimum wage. [3]
The Board of Inland Revenue was created in 1958, and the service gained autonomy with the passing of the FIRS (Establishment) Act 13 of 2007. [ 3 ] In 2003, the Federal Government of Nigeria recognized that poor service delivery in the public sector had become an urgent national issue and undertook a series of steps that lead to the entering ...
Rachel Reeves makes Budget speech, 30 October 2024 (PRU/AFP via Getty Images) Taking the stand in Commons, Ms Reeves said Labour would never again “allow a government to play fast and loose with ...
Nigerian President Bola Tinubu's approval of a supplementary budget earmarking millions of dollars for a presidential yacht and sport utility vehicles for his wife and top government officials has ...
The Lagos State Ministry of Economic Planning and Budget is a government ministry of Lagos State, Nigeria. It is tasked with the responsibility to plan, draft and implement policies on the state's economic planning and budget. [1] The ministry was formed in June 2009. [2]
Nigerian President Bola Tinubu has signed into law a $2.8 billion supplementary budget that includes funding for new bulletproof cars for himself and his wife, despite widespread criticism from ...
29 May – Nigeria readopts Nigeria, We Hail Thee, which was the country's national anthem from 1960 to 1978, as its national anthem, replacing Arise, O Compatriots. [20] 30 May – 2024 Aba killings: Eleven people, including five soldiers, are killed in an attack on a military checkpoint by unknown gunmen in Aba, Abia State. [21]