…said that the government acknowledged Fitch’s concerns about persistent inflation, low government revenue relative to economic output and high interest payments. Oyedele said these challenges remained central to the administration’s reform programme. He reiterated the government commitment to sustaining reforms and mai…

…Aviation Correspondents, LAAC, themed ‘Towards Sustainable Aviation Industry: Balancing Government Revenue Demands with Sector Growth,’ held in Lagos.Speaking during a panel session at the conference, Managing Director of FAAN, Olubunmi Kuku, represented by the agency’s Director of Finance and Accounts, Ayodele Olatire…

…performance would strengthen NNPC’s capacity to invest in its businesses, contribute to government revenue and support Nigeria’s energy security. He, however, warned that the company must sustain the gains and improve its performance in subsequent years. “The numbers matter because of what they enable. Stronger perform…

…He said the broader impact of the Commission’s recoveries extended to strengthening government revenue, protecting financial-market integrity, and producing what he called a “deterrent dividend.” “This is what enforcement looks like when it moves beyond punishment. Every asset taken from a criminal enterprise lowers th…

…that further improvement in Nigeria’s external position or a durable increase in government revenue arising from ongoing reforms could support a future rating upgrade. The government said these areas would therefore remain central to its efforts to improve Nigeria’s creditworthiness, lower borrowing costs and attract m…

…be judged only by its immediate benefit at the pump. We must examine its impact on government revenues, salaries, pensions, education, healthcare, infrastructure and the overall capacity of government to meet its obligations to citizens.” Yilwatda said many states previously struggled to pay workers’ salaries and pensi…

…the solid minerals sector as a major contributor to economic growth and diversify government revenue away from crude oil.

…N2 trillion, compared with less than N1 trillion before subsidy removal. “Yet, while government revenues soared, Nigerians became poorer,” the ADC said. Petrol, the party added, moved from about N185 per litre in May 2023 to N1,300+ in many places by August 2025, while food inflation crossed 40 per cent at points durin…

…shocks, strengthen economic resilience and, over time, support a gradual increase in government revenue,” Moody’s said. Moody’s is a leading global credit rating firm that independently assesses the creditworthiness of governments and companies to help investors gauge the risk of default. The agency said Nigeria’s exte…

…and other basic necessities without seeing commensurate benefits from the additional government revenues. He noted that the controversy over the power projects was being revived because his demand for greater transparency over the proceeds of subsidy removal had become politically uncomfortable for the administration.…

…$10 billion on fuel subsidies in 2022, at a time when oil production was declining and government revenues were under pressure. He cited warnings by the World Bank that the subsidy was consuming resources that could have been deployed to critical sectors, including education, healthcare, infrastructure and social prote…

…PUNCH, a policy analyst, Adebayo Abubakar, said the removal of subsidy had increased government revenues but argued that the additional funds had not always translated into spending that reflected the economic hardship facing Nigerians. “Roads, bridges, drainage and other infrastructure remain important, but some gover…

…attention in the second term. He said, “Nigeria needs an economy in which increased government revenue and improved investor confidence will ultimately translate into better public services and greater economic opportunities, which will be much easier for the present administration to achieve”. He said the country need…

…lives. A policy analyst, Adebayo Abubakar, said the removal of subsidy had increased government revenues but argued that the additional funds had not always translated into spending that reflected the economic hardship facing Nigerians. “Roads, bridges, drainage and other infrastructure remain important, but some gover…

…the direct relationship between regulatory certainty, investment, projects, production, government revenue and sustainable employment. “Nigeria competes with other jurisdictions for finite global capital and cannot rely solely on the size of its hydrocarbon resources to attract investment. The country must offer compet…

…removal. According to Alfindiki, while it is reasonable for Nigerians to question how government revenues are being managed, restoring subsidy without explaining its funding would not provide a lasting solution. “It is legitimate to question how government revenues are being managed, but it is equally important to ackn…

…highest level in five years.CFEAD said the increase could have major implications for government revenue, economic stability, infrastructure financing and job creation.The organisation also pointed to NNPC Exploration and Production Limited’s record production of 365,000 barrels per day and an average 98 per cent recov…

…oil production, alongside peace and stability in the Niger Delta, is expected to boost government revenue, external reserves and the broader fiscal outlook. The Federal Government of Nigeria’s appointment of Tantita Security Services Nigeria Ltd to protect oil assets and promote peace and stability in the Niger Delta h…

…theft, pipeline vandalism and production losses, which he described as major threats to government revenue. The commission is also looking beyond the petroleum sector for additional sources of revenue. Shehu said RMAFC was exploring partnerships with the Federal Airports Authority of Nigeria and the National Space Rese…

…inherited four major economic distortions which had continued to undermine government revenue and economic growth. It identified the challenges as “a fiscally unsustainable fuel subsidy regime, an opaque forex system that discouraged investment, a non-performing oil sector, and a tax base ‘far below its potential’.” Th…

…of fuel subsidy, the unification of the foreign exchange market, efforts to improve government revenue, increased infrastructure investment, policies aimed at attracting local and foreign investors, the expansion of the student loan programme, renewed emphasis on agriculture and food security, as well as the ongoing im…

…solutions, which he said improved cargo clearance, enhanced transparency and boosted government revenue. “The achievements recorded in Nigeria convinced us that this initiative can deliver similar results across Africa. This is an achievement that should make Nigerians and Africans proud,” he added. On his part, Ahmadu…

…such as virtual assets. The reforms are expected to improve tax administration, increase government revenue and provide greater regulatory certainty for businesses and investors operating in Nigeria’s digital economy.

…of pride for the nation. The port has continued to perform remarkably well, supporting government revenue generation and the country’s broader economic aspirations. I commend the management of Lekki Port and all the government agencies operating here for their dedication and professionalism. As Nigeria confronts the gr…

…Tinubu's economic reforms were beginning to yield positive results through increased government revenue and investments in infrastructure, job creation and poverty reduction. Senator Dafinone thanked party leaders and stakeholders for their support and pledged to facilitate more employment and empowerment opportunities…