Business Hilights

Tracking Nigeria's Headline Business News Online

Economic Recovery Plan

Why Ahmed Makarfi-led PDP faction said FG’s economic recovery plan dead on arrival

More insights have emerged on why the Ahmed Makarfi-led Caretaker Committee of the Peoples Democratic Party (PDP) has described the economic recovery plan unveiled last Wednesday by President Muhammadu Buhari as “dead on arrival.” In a statement issued weekend by…

Fears as unveiled economic recovery plan aims to privatise refineries, national assets

Indications have emerged that the federal government is bent on privatizing key oil and gas stakes, a plan that has continued to face stiff opposition by Nigerians no matter the code government is trying to force it on Nigerians. It…

Anxiety as new FG’s economic recovery plan jerks up VAT from 5 to 15%, other

The acceptability of the Economic Recovery Plan (ERP) of the federal government is likely going to depend on the public perception of the hike in Value Added tax (VAT) which it moved from current five per cent to 15 per…