2027 Politics Puts Nigeria’s Hard-Won Economic Reforms at Risk
Tag: Economy
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States’ IGR soars 34% to N2.43tn despite economic hardship
The Internally Generated Revenue of Nigerian states rose by 34 per cent to N2.43tn in the first half of 2026, up from N1.815tn recorded in the comparable period of 2024, as sub-national governments gained access to more funds despite worsening economic pressures on households. Findings by The PUNCH showed that 35 states, excluding Rivers State,...
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NNPC, partners advance $21bn Bonga offshore project
Nigeria’s push to revive investment in its deepwater oilfields gained fresh momentum on Monday as the Nigerian National Petroleum Company Limited and its partners signed agreements expected to move the proposed Bonga Southwest/Aparo project, estimated to attract up to $21bn in investment, closer to a Final Investment Decision.