FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
Thousands of determined protesters have overrun Abuja's Federal Secretariat Complex, defying security forces as they rally against economic hardships and rising tensions.
Nigerian rights group CERON warns the government of a looming labor strike that could worsen the nation's economic hardship. The group urges renewed negotiations between the government and labor unions to reach a compromise on a new minimum wage. With Nigerians already struggling, a strike would further erode purchasing power and potentially lead to social unrest.
GYSAPEO advocates for increased agricultural investment by the Nigerian government to counteract food price hikes, aiming to support 10 million youths.
FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.