…as major constraints. “The fourth one is the weak handshake between the monetary and fiscal policy. You see the government coming up with one monetary policy and on the other hand, the fiscal authority is also using a contradictory policy,” he stressed. He added, “You might agree with me that the manufacturing sector c…

…with stronger fiscal support. “The economy is not controlled by monetary policy alone. Fiscal policy is equally important. We have to give the new team time because economic corrections do not happen overnight,” Onafowokan said. Looking ahead, Onafowokan said policy consistency and political stability would be crucial…

…economic policies made by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, saying the claims do not hold up against publicly available data.In a statement released on Sunday, August 2, by his senior special Assistant on public communication, Phrank Shaibu, Atiku took aim at severa…

…implementing broad-based macroeconomic reforms while taking a careful approach to fiscal policy, debt management and job creation, stressing that citizens must begin to experience the tangible benefits of the reforms. “Nigerians have to feel the impact of reforms,” she said, adding that policy measures should ultimatel…

…neutrality, regulatory harmonisation, digital sovereignty, consumer protection, fiscal policy and capacity building. According to him, the declaration also invites the African Union Commission, the ITU, regional economic communities, industry players, academia and civil society to work together to deliver meaningful co…

…inputs, and food import intervention programmes.” The Customs boss, however, argued that fiscal policy should not be assessed solely on revenue generation, saying that duty waivers also serve broader economic and social objectives. He, nevertheless, urged the Federal Government to strengthen monitoring mechanisms to en…

…to him, the revised tariff regime forms part of the Federal Government’s broader 2026 fiscal policy and is expected to support economic activities. Mr Ayoade Olamilekan, Chief Executive Officer of Lekjam Auto Nig ltd described the policy as a positive move that would increase the purchasing power of average Nigerians i…

…Association, NAMA has advised the Federal Government to complement its 2026 fiscal policy reforms with strong industrial protection measures, warning that tariff liberalisation without adequate safeguards could threaten investments in Nigeria's automotive manufacturing sector. In a position paper submitted to the Minis…

…The Customs DG said the revised excise tariffs on vehicles were contained in the 2026 fiscal policy measures. He said while the new policy was expected to improve revenue generation, the reduction in vehicle tariffs could negatively impact collections. Adeniyi said: "We have the new excise tariff, which is provided in…

…the full impact of the policy. The implementation, which commenced under the 2026 Fiscal Policy Measures, reduces the import levy on new vehicles from 20 per cent to 10 per cent, while the levy on used vehicles has been cut from 15 per cent to five per cent. 7. The National Drug Law Enforcement Agency has formally take…