<< Back             Poser >> Government social interventions, taxation approach incoherent – Afenyo-Markin  Alexander Afenyo-Markin – Minority Leader. Mr Alexander Kwamena Afenyo-Markin, the Minority Leader on Tuesday, criticised the government’s handling of social interventions and taxation, describing its approach as “incoherent,” raising concerns about policy consistency.  Speaking to the media in Parliament House at the Leaders’ Media Briefing, Mr Afenyo-Markin said several government programmes were struggling by the end of 2025, highlighting the need for a clear economic and social policy framework.  “Apart from the GoldBod, which has helped stabilise the cedi, in other sectors like agriculture, there hasn’t been any major improvement. Even flagship programmes such as the 24-Hour Economy have yet to show substantial results,” he said.  The Leaders’ Media Briefing is a periodic engagement between the Leadership of the House and the Parliamentary Press Corps (PPC) at the beginning of every Meeting of Parliament to outline the framework of the Meeting.  It also serves as a platform of interaction between the Leaders, the Media Relations Department of Parliament, and the PPC.  Mr Afenyo-Markin, also the New Patriotic Party Member of Parliament for Effutu urged the government to implement a comprehensive policy direction, particularly on taxation and economic growth, to deliver tangible benefits across key sectors.  “We believe the government’s approach to social interventions and taxation has been incoherent. By the end of 2025, certain programmes were struggling, and while the NDC has condemned some of our government’s stance in the past, nearly a year in office, we have not seen a major shift in governance,” he added.  Source: GNA Ghana Business News	Nigeria loses $77.7bn to illicit financial flows in 10 years — Report By Yinka Kolawole A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost a total of $77.7 billion to trade-related illicit financial flows (IFFs) over a period of 10 years, between 2013 and 2022. IFFs refer to cross-border movements of money or value that are illegally earned, transferred, or […] Ghana records significant declines in oil liftings and petroleum revenue Ghana recorded a significant decline in its petroleum receipts for the second half of 2025, with total revenue dropping by approximately $117.38 million compared to the same period in 2024. Taxes, fuel hike slow business growth in January – NESG report As Business Confidence drops to 6-month low By Babajide Komolafe Rising taxes and fuel price adjustments slowed the pace of business growth in Nigeria in January 2026, pushing business confidence to a six-month low, according to the latest Business Confidence Monitor (BCM) report released by the Nigerian Economic Summit Group (NESG). The report showed that the Current […] Businesses buckle under debt as defaults push bad loans to N21.2trn High interest rates, FX shocks, end of COVID forbearance trigger spike in corporate loan failures By Babajide Komolafe, Economy Editor At the backdrop of economic pressures on households and businesses, banks are now struggling with a rising loan defaults by businesses,  leading to a significant increase in bad loans portfolio of banks to N21.2 trillion. Financial Vanguard’s […] Dangote, NNPC seal strategic gas agreements By Udeme Akpan Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC […] Stock market gains N6.7trn in January amid oil price surge  By Peter Egwuatu  The Nigerian stock market, last weekend, closed the first month of the year, 2026, with over N6.7 trillion capital gains, just as oil prices witnessed a surge last week to about  $71.01 per barrel. Analysts noted that the surge in crude price last week, if sustained, would be favourable to Nigeria, adding that […]