fiscal policy

Federal authorities have initiated a probe into high collection costs and revenue-at-source deductions as the government intensifies efforts to address systemic revenue leaks undermining fiscal stability.

Nigeria spent N10.81 trillion servicing debt in nine months of 2025, while President Tinubu's executive order aims to increase revenue distribution across government tiers amid mounting fiscal pressures.

Federal Government seeks phased disbursement mechanisms as petroleum sector restructuring drives substantial increases in state allocations, citing inflation and macroeconomic stability concerns.

The Revenue Mobilisation Allocation and Fiscal Commission has thrown its weight behind President Tinubu's directive requiring oil and gas revenues to flow directly into government accounts, marking a significant shift in Nigeria's fiscal management framework.

New tax regulations targeting trust and estate structures could see income taxed at rates up to 25%, marking a significant shift in how wealth management vehicles are treated under Zimbabwean fiscal policy.

Nigeria's three tiers of government are flush with oil revenues unseen in years, yet the Tinubu administration faces mounting pressure to demonstrate fiscal restraint while critical healthcare infrastructure requires N32.2 billion in emergency funding.

Nigeria's currency has gained ground as Brent crude trades above the federal government's $64.8 per barrel budget assumption, positioning the country for improved foreign exchange reserves and fiscal stability.

Nigeria's Federal Inland Revenue Service intensifies collection efforts as official development assistance falls sharply, prompting government to pivot toward domestic revenue mobilization amid fiscal pressures.

The Fiscal Responsibility Commission and Economic and Financial Crimes Commission have formalized a strategic partnership to close enforcement gaps in the Fiscal Responsibility Act 2007, marking a significant step toward enhanced fiscal transparency and accountability.

Nigeria's Finance Minister defends the 2026 budget assumptions before lawmakers as the revenue service chairman admits previous budgets failed due to unrealistic projections, raising questions about fiscal credibility.

Nigeria Sovereign Investment Authority aims to double assets under management to $6 billion while Lagos State positions its proposed Wealth Fund as a model for subnational investment structures.

Nigeria's Senate has warned it may slash the N58.47 trillion 2026 budget, citing unrealistic revenue assumptions and questionable oil production benchmarks, even as the Tinubu administration grapples with unprecedented oil revenues and fiscal discipline challenges.

Prof. Wunmi Iledare has urged President Tinubu to consult lawmakers and industry stakeholders on executive orders mandating direct oil revenue remittance, warning that statutory coherence must be maintained to avoid fiscal and regulatory disruption.

The Lagos State Government's implementation of new tax regulations has positioned the construction and real estate sectors at a pivotal moment, with industry stakeholders assessing the implications for business operations and investment flows.

Nigeria's National Assembly has proposed ₦1.5 trillion in take-off funding for the creative economy ministry, as academic leaders emphasize innovative research as critical to the country's industrial development ambitions.