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Tag: FEC
JUST IN: Petrol Now 130/Litre As Buhari Approves Pump Price Reduction
March 18, 2020
The Federal Government on Wednesday approved the reduction of the pump price of Premium Motor Spirit (PMS), popular known as petrol. The reduction will see the pump price which was hitherto N145 per litre pegged ...
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FG To Review 2020 Budget As Coronavirus Takes Toll On Crude Oil Price
March 5, 2020
The federal government on Wednesday said it might have to review the approved 2020 budget over the economic impact of coronavirus. Minister of finance, Zainab Ahmed, while addressing newsmen after federal executive council meeting said ...
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FG Increases VAT To 7.2% To Fund Minimum Wage
September 12, 2019
The federal executive council (FEC) on Wednesday said it had approved an increase in value added tax (VAT) rate from 5 percent to 7.2% percent in order to meet up with the demand of minimum ...
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