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4 results found #BetOnNigeria

NG_Gov

@NG_Gov News Feed

Dear Nigerians, In a few hours, I will sign four landmark tax reform bills into law, ushering in a bold new era of economic governance in our country. These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet. The four bills - the Nigeria Tax Bill (Fair Taxation), Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, will unify our fragmented tax system,... View full post

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7646

8 months ago

PostedNG

@PostedNG News Feed

Remember my Easter Special, in which I spoke about our improved debt management and financial restructuring, which has given us the capacity to invest more in sustainable infrastructure and policies? Yes, there is an update. According to the latest data on the International Monetary Fund Website as of today, May 6, 2025, Nigeria has officially cleared all its legacy debt with the IMF (LINK - https://imf.org/external/np/fin/tad/balmov2.aspx?type=TOTAL) What does this mean? It is a signal of discipline, reform, and strategic reset by the Tinubu-Shettima administration in restructuring... View full post

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467

9 months ago

PostedNG

@PostedNG News Feed

NIGERIA’S DEBT PROFILE FUN FACT: Do you know that our IMF loan obligations have been significantly paid down from $2.47 billion as of 2023 to $800.23 million at the end of 2024? A substantial decrease of over 67% in that period. Know This: - Nigeria, under PBAT, is paying its loans back. No default. No unnecessary borrowings. No seeking for tens of billion dollars in debt bailout and sacking of 70% of the workforce (as another ‘critic-perennial candidate’ prescribed as a solution citing another country in South America as his example) - Nigeria, under PBAT, is clearing legacy debts... View full post

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531

10 months ago

PostedNG

@PostedNG News Feed

NIGERIA’S DEBT PROFILE FUN FACT: Do you know that our IMF loan obligations have been significantly paid down from $2.47 billion as of 2023 to $800.23 million at the end of 2024? A substantial decrease of over 67% in that period. Know This: - Nigeria, under PBAT, is paying its loans back. No default. No unnecessary borrowings. No seeking for tens of billion dollars in debt bailout and sacking of 70% of the workforce (as another ‘critic-perennial candidate’ prescribed as a solution citing another country in South America as his example) - Nigeria, under PBAT, is clearing legacy debts... View full post

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543

10 months ago

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