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Tag "2023-2035 MTEF"

Suspension of 5% excise duty on telecom services will affect 2023 budget, says Akabueze

Ben Akabueze, director-general of the budget office of the federation, says the suspension of the five percent excise duty on telecommunication services will affect the 2023 budget. Akabueze said this

FG projects N6.7trn for petrol subsidy spending in 2023

The federal government has projected to spend N6.7 trillion on petrol subsidy payments in 2023. Subsidy or under-recovery is the underpriced sales of premium motor spirit (PMS), better known as

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