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The Federal Government of Nigeria has introduced new Fiscal Policy Measures (FPM) for 2023 via a Circular dated 20 April 2023 signed by the Minister of Finance, Budget and National Planning. Below are some of the highlights:
Historically, men have ruled the world and so they designed society to favour men which meant women were disadvantaged. Fast forward, we have now realised that humanity has been worse off by suppressing half of its people.
In a strict sense, cash is used to describe notes and coins issued by the Central Bank, as distinct from cheques, bank deposits or credit. Let’s call it currency or "Hard Cash".
Many countries embrace electronic payments and minimal use of cash not because their currencies are scarce, or they do so to avoid penalties but because their economies run on credit and e-payment is more convenient, safer and incentivised ...
The writers behind this newsletter.
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