Federal news nigeria today
Here are some of the top federal news stories in Nigeria today:
- FG to Implement New Tax Regime: The Federal Government has announced plans to introduce a new tax regime aimed at increasing revenue and reducing tax evasion. The new regime is expected to take effect from January 2024.
- Nigeria's Inflation Rate Rises to 17.6%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.6% in August 2022, up from 17.1% in July. The rise in inflation is attributed to the increase in food prices and other economic factors.
- FG to Invest N1.5 Trillion in Infrastructure Development: The Federal Government has announced plans to invest N1.5 trillion in infrastructure development across the country. The investment is expected to improve transportation, energy, and other critical infrastructure.
- Nigeria's Economy Grows by 3.2% in Q2 2022: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 3.2% in the second quarter of 2022, driven by growth in the agriculture and services sectors.
- FG to Launch New Visa Policy: The Federal Government has announced plans to launch a new visa policy aimed at attracting more foreign investors and tourists to the country. The new policy is expected to simplify the visa application process and reduce bureaucracy.
- Nigeria's Debt Profile Rises to N41.6 Trillion: The National Bureau of Statistics (NBS) has announced that Nigeria's debt profile has risen to N41.6 trillion, up from N38.6 trillion in 2021. The rise in debt is attributed to the government's borrowing to finance its activities.
- FG to Implement New Pension Scheme: The Federal Government has announced plans to implement a new pension scheme aimed at improving the welfare of retirees. The new scheme is expected to provide a more sustainable and predictable pension system.
- Nigeria's Unemployment Rate Rises to 33.3%: The National Bureau of Statistics (NBS) has announced that Nigeria's unemployment rate has risen to 33.3% in the second quarter of 2022, up from 29.7% in the same period last year.
- FG to Launch New Agricultural Policy: The Federal Government has announced plans to launch a new agricultural policy aimed at increasing food production and reducing importation. The new policy is expected to provide incentives for farmers and improve the agricultural sector.
- Nigeria's Foreign Reserves Rise to $40.3 Billion: The Central Bank of Nigeria (CBN) has announced that Nigeria's foreign reserves have risen to $40.3 billion, up from $38.8 billion in August 2022. The rise in foreign reserves is attributed to the increase in oil prices and other economic factors.
These are some of the top federal news stories in Nigeria today.