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Nigeria: Federal Executive Council Approves Revised 2020 Budget
Premium Times, 13 May 2020
The Federal Executive Council has approved the review to the 2020 budget and the Medium Term Expenditure Framework for 2020-2022 as recommended by the ministry of finance. Read more »
COVID-19 Forces Nigeria to Revise Budget, Cut Fuel Price
The government has announced some significant changes to its 2020 Budget as its puts in place measures to contain the effect of the novel coronavirus on the nation's economy. The government will cut the petrol price to allow Nigerians benefit from the slide in international crude markets. The federal executive council has approved the review of the 2020 budget and the medium term expenditure framework for 2020-2022, recommended by the finance ministry.
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Nigeria: Coronavirus - Nigeria Cuts Oil Benchmark to $30, Slashes Capital Budget By 20%
Premium Times, 18 March 2020
The Nigerian government on Wednesday announced some significant changes to its 2020 budget as measures to contain the effect of the outbreak of coronavirus on the nation's economy. Read more »
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Nigeria: Deregulation - Fuel Price to Be Reviewed April 1 - PPPRA
Vanguard, 20 March 2020
In a move signalling possible deregulation of the downstream sector, the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, said that there is the possibility of a new… Read more »
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This Day, 19 March 2020
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has revealed that further discussion on the federal government's request to borrow $22.7 billion was stepped… Read more »
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Nigeria: '25 Million People Could Lose Their Jobs Because of Coronavirus'
Daily Trust, 19 March 2020
The International Labour Congress(ILO) says almost 25 million jobs could be lost worldwide as a result of COVID-19 pandemic. Read more »
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Nigeria: Govt Warns Filling Stations Against Selling Petrol Above N125/Litre
Daily Trust, 19 March 2020
The Petroleum Products Pricing Regulatory Agency (PPPRA) has cautioned filling stations against selling petrol above N125 per litre. Read more »
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Nigeria: How Govt Arrived At New N125 Per Litre Fuel Price - Official
Premium Times, 19 March 2020
The computation of the new retail pump price of premium motor spirit (PMS), popularly called petrol, announced by the federal government on Wednesday was based on the pricing… Read more »
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Nigeria: Nigeria Slashes Petrol Price to N125
Premium Times, 18 March 2020
The Nigerian government on Wednesday announced the reduction of the pump price of petrol to N125. Read more »
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Nigeria: Coronavirus - Arik Air Suspends Flight to Ghana, Liberia, Senegal
Premium Times, 19 March 2020
Arik Air on Wednesday suspended its flight services to its West African destinations as part of its safety measures following the outbreak of the coronavirus. Read more »
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Nigeria: Coronavirus - Govt Cuts N1.5trn From 2020 Budget
Daily Trust, 19 March 2020
The federal government yesterday announced the plan to reduce N1.5trn from the N10.59trn 2020 Appropriation Act. Read more »
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Nigeria: COVID-19 - Govt Cuts 2020 Budget By N1.5trn
Vanguard, 19 March 2020
The Federal Government yesterday announced the reduction of N1.5 trillion from the 2020 budget of N10. 59 trillion. The government also placed a ban on recruitment of workers… Read more »
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Nigeria: Govt Slashes Petrol Pump Price to N125/Litre
Daily Trust, 19 March 2020
In what appears to be a cost-reflective measure, the federal government yesterday approved the reduction in pump price of Premium Motor Spirit (PMS), popularly known as petrol,… Read more »
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Nigeria: Buhari Orders Reduction in Fuel Price
Premium Times, 18 March 2020
President Muhammadu Buhari has ordered a reduction in the pump price of petrol, an official has said. Read more »
InFocus
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The health ministry has confirmed 5 new cases of COVID-19, bringing the total number of confirmed cases in Nigeria to 8. As part of measures to stem the spread of the virus in ... Read more »
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Vice President Yemi Osinbajo has advised Nigerians to continue to obey hygiene advisories, saying the threat posed to the country Nigeria by the coronavirus is not yet over. While ... Read more »
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Nigeria has been relying solely on crude oil as its major source of revenue. Now the government has said unfolding events of the past few months, the coronavirus pandemic and the Read more »
