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Tinubu proposes ₦47.9 trillion expenditure in new MTEF

The Nigerian government has unveiled its Medium Term Expenditure Framework (MTEF) for 2025-2027, proposing a total expenditure of ₦47.9 trillion for the 2025 fiscal year. This ambitious plan aims to drive economic growth and development across various sectors. The MTEF includes several critical assumptions and projections: The MTEF is a crucial document that outlines the government’s fiscal Read More…

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Amid rising Nigerian interest payments, IMF calls for tighter fiscal measures in Sub-Saharan Africa

Nigerian interest payments, along with those in many other sub-Saharan African countries, have been on an alarming rise. This surge in interest payments has outpaced critical areas of public spending, including health, education, and investment. As a result, the International Monetary Fund (IMF) has issued a strong call for African policymakers to undertake significant fiscal Read More…