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Shippers’ Council orders immediate suspension of new shipping tariffs

Business Pointer Admin8 months ago8 months ago02 mins

By Seun Ibiyemi The Nigerian Shippers’ Council (NSC) has directed all shipping lines and their agents to immediately suspend the implementation of recently approved tariff increases in the port and shipping sector. The directive, issued as part of the Council’s statutory mandate as the economic regulator, follows ongoing engagements with key stakeholders and concerns over…

FG orders MDAs to follow MTEF for stronger budget discipline

Business Pointer Admin8 months ago8 months ago02 mins

By Seun Ibiyemi The Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to strictly comply with the Medium-Term Expenditure Framework (MTEF) as part of efforts to strengthen budget credibility and promote fiscal discipline. Read also:Obasanjo praises Tinubu’s administration, outlines development agenda Secretary to the Government of the Federation, Sen. George Akume, issued the…