RMAFC pushes for Local Governments autonomy

RMAFC pushes for Local Governments autonomy

Barbara Bako, Abuja. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has supported the Federal Government’s continued efforts to use legal means to free Local Government Councils (“LGCs”) from the strict control of State Governments by putting the constitution provisions into practice. The RMAFC Chairman, Mr. Mohammed Bello Shehu, in a Statement on Wednesday observed…

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Edun submits minimum wage analysis to Tinubu

Edun submits minimum wage analysis to Tinubu

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted a comprehensive assessment detailing the anticipated financial ramifications of adopting a new national minimum wage to President Bola Ahmed Tinubu. The minister submitted the document on Thursday, June 6, two days after Tinubu issued the directive to present a proposed new minimum…

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DBN, GIZ partner on equipment leasing to boost MSMEs

DBN, GIZ partner on equipment leasing to boost MSMEs

Barbara Bako, Abuja. The Development Bank of Nigeria (DBN) in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has launched an innovative MSME Equipment Leasing Initiative aimed at strengthening financing options for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. This collaborative effort marks a crucial step towards fostering economic growth and resilience within the…

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