archiveSeptember 2019

The Nigeria Employers’ Consultative Association has said the implementation of the 7.2 per cent Value Added Tax approved by the Federal Executive Council will make nonsense of the recent increase in minimum wage. VAT is a consumption tax payable on goods and services consumed by individuals, government agencies and business...

  Some financial experts on Thursday said that Value Added Tax (VAT) increment by the Federal Government would further decreases the purchasing power of Nigerians. They told the News Agency of Nigeria (NAN) in separate interviews in Lagos, while reacting to the government’s planned increase of VAT to 7.2 per...

  The Federal Government has approved 5.3 billion dollars for the Ibadan-Kano standard gauge rail project, Mr Rotimi Amaechi, the Minister of Transportation said. The minister disclosed this in a statement issued on Thursday in Abuja by his media aide, Mr Israel Ibeleme after the 3rd Maritime Stakeholders Interactive Forum...

  “We need an institution that will produce cutting edge Artificial Intelligence applications for education, business, medicine and security. One that can design the educational innovation required to train millions of children in and out of classrooms all across the country.” REMARKS BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, GCON,...

  The Minister of Finance, Mrs Zainab Ahmed, says the Federal Government has acquired an automated customs gateway portal for the management of Import Duty Exemption Certificates, through Public Private Partnerships (PPPs) arrangement, . Ahmed, who was represented by Mrs Anita Shittu, Director, Human Resource Management, Ministry of Finance, said...

  Retired Col. Hameed Ali, the Comptroller General, Nigeria Customs Service (NCS), says Nigeria’s borders will remain closed until the country and its neighbours agree on existing ECOWAS protocol on movement. Ali stated this on Wednesday at Maigatari/Niger border, Maigatari Local Government Area of Jigawa while fielding questions from newsmen....

  The Federal Government has asked the Peoples Democratic Party (PDP) and its presidential candidate in the 2019 general elections, Alhaji Atiku Abubakar to apologize to Nigerians for willfully distracting the administration of President Muhammadu Buhari with a frivolous election petition, instead of appealing the ruling of Wednesday’s Presidential Election...

  The President of the Senate, Ahmad Lawan, has congratulated President Muhammadu Buhari and the All Progressives Congress (APC) on the president’s victory at the Presidential Election Petition Tribunal. The Tribunal on Wednesday dismissed the petition by the Peoples Democratic Party and its candidate, Atiku Abubakar, in its entirety. Lawan...

  Gov. Seyi Makinde of Oyo State, has said that the state government’s account opened with the Unity Bank Plc would be used to save the looted money recovered from ‘wrong hands and accounts’. Makinde made this disclosure when the management of Unity Bank Plc paid him a courtesy visit...

  Nigeria in Crisis   There is a crisis in Nigeria. The Nigerian State has never been at peace with itself and recent events amplify this pending emergency. And, as has been the case since independence from Britain in 1960, Biafrans are the easy target of the lack of a...