<< 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	Decline in textile sector persists as GDP contribution falls 3.6% in 2yrs By Yinka Kolawole Activities in Nigeria’s cotton, textile and garment industry continued to trend downward in 2025, with the industry’s contribution to the nation’s Gross Domestic Product, GDP, declining to N4.384 trillion, reflecting persistent structural challenges confronting the sector. Data from the National Bureau of Statistics (NBS) shows that the sector’s output has recorded a steady […] 30 banks meet CBN recapitalisation requirements The Central Bank of Nigeria (CBN) has disclosed that 30 banks have met the revised minimum capital requirements under its ongoing recapitalisation programme. Manufacturing VAT surges 54.7% to N875bn in 9 months …Surpasses 2023 full-year figure By Yinka Kolawole The contribution of Nigeria’s manufacturing sector to Value Added Tax (VAT) in 2025 significantly increased with payments rising to N875.420 billion in the first nine months of the year (9M’25), surpassing both the N566.011 billion recorded in the corresponding period of 2024 (9M’24) and the N578.394 billion generated in […] Nigeria’s non-oil exports to EU lag at 10% despite $21.87bn trade— NEPC By Progress Godfrey  The Nigerian Export promotion Council (NEPC) has urged agro-exporters to tap the European Union’s over 400 million-strong consumer market, warning that non-oil exports account for only 10 percent of total trade with the bloc despite a $21.87 billion trade volume in 2024.   Executive Director and CEO of NEPC, Mrs Nonye Ayeni, made the […] Vitafoam shareholders endorse N3.75 bn dividend, bonus shares Shareholders of Vitafoam Nigeria Plc , have approved a N125 million capital injection through a bonus share issue and endorsed a N3.75 billion dividend payout, signalling strong investor confidence in the company’s improving financial performance. Dangote Refinery commits to energy stability amid global refineries shutdown By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market.  The ongoing conflict in the Middle East has led to the shutdown of some refineries and cuts in refinery production across the world, resulting in a global scarcity of petroleum […]