SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026.(PHOTO).

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 SENATE APPROVES ₦403.1BN POLICE TRUST FUND BUDGETS FOR 2025, 2026 The Senate has approved a total of ₦403.1 billion for the Nigeria Police Trust Fund for the 2025 and 2026 fiscal years, to strengthen policing and tackle terrorism, kidnapping, and other security threats. The approved funding includes ₦170.1 billion for 2025 and ₦233 billion for 2026, covering personnel costs, capital projects, and overhead expenses aimed at improving the operational capacity of the Nigeria Police Force. Lawmakers say the funds will support the provision of critical equipment, infrastructure, training, and other resources needed to enhance security across the country. Meanwhile, President Bola Tinubu has sent a bill to the Senate seeking to repeal and reenact the Administration of Criminal Justice Act.  The proposed legislation aims to speed up the delivery of justice, promote the use of technology in criminal proceedings, and establish a Criminal Justice Monitoring Council to oversee implement...
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PRESIDENCY: FG NOT CONSIDERING NEW TAXES ON TELECOM SERVICES, PETROLEUM PRODUCTS. (PHOTO).

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 Presidency: FG not considering new taxes on telecom services, petroleum products


The federal government says it is not considering the introduction of new taxes on telecommunications services or petroleum products.


The clarification comes after the International Monetary Fund (IMF) advised Nigeria to extend value-added tax (VAT) to fuel products and to introduce excise duties on telecommunications services to raise government revenue and fund development and social spending.

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