archiveJanuary 2023

The Nigeria Employers’ Consultative Association (NECA) has expressed worry over the number of taxes imposed on businesses in the country. According to the Director General of NECA, Adewale-Smatt Oyerinde, organised businesses are burdened with over 50 different taxes, levies and fees – both legally and illegally. He also frowned at...

Elder statesman, Chief Afe Babalola, SAN, has noted that the 1999 Constitution will not guarantee the emergence of credible leaders at the February general elections. The proprietor of Afe Babalola University, Ado-Ekiti, made the declaration on Wednesday at the Ekiti capital at a news conference. “Unless a new Constitution similar...

Former Senate President Bukola Saraki has demanded N20 billion from Kwara State Governor AbdulRahman AbdulRazaq over an alleged malicious statement against him. Counsel to the former Kwara governor, Afe Babalola & Co, in a December 30 letter to Abdulrazaq, also demanded an apology and a retraction of the allegation. It...

The administration of President Muhammadu Buhari will be leaving behind a debt of N77 trillion. It will be made up of N44.06 trillion total debt stock as of the third quarter of 2022, N22.7 trillion Ways and Means borrowed from the Central Bank of Nigeria (CBN), projected new borrowings of...

Finance minister Zainab Ahmed disclosed that the President Muhammadu Buhari regime had spent N12.87 trillion of the N17.126 trillion budgeted for last year, as of November 30, 2022. This, she said, represented a fiscal deficit of N6.37 trillion. Ahmed made this disclosure at the Public Presentation and Breakdown of the...

  The Department of State Services (DSS) has announced the arrest of two men belonging to the Islamic State of West Africa Province (ISWAP) suspected to have masterminded the bomb blast in Okene, Kogi State on December 29, 2022, few minutes to the arrival of President Muhammadu Buhari in the...

  A former Minister of Education, Dr. (Mrs) Obiageli Ezekwesili, has raised concerns over the 2023 National budget, describing it as “hopeless”. It would be recalled that President General Muhammadu Buhari signed the 2023 Budget of N21.83 trillion along with the 2022 Supplementary Appropriation Bill into law in Abuja on...

The Economic and Financial Crimes Commission (EFCC) has said it secured a total of 3,785 convictions across all its commands in 2022. The figure, which emerged from a review of the anti-graft agency’s performance in the outgone year, shows a 70.5% improvement over its record for the year 2021 which...

The Independent National Electoral Commission (INEC) on Tuesday received the last batch of the Bimodal Voter Accreditation machines. This was contained in a statement signed by INEC National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye, on Wednesday. According to the statement, the commission created four airport hubs...

Corps Marshal Dauda Biu of the Federal Road Safety Corps (FRSC), has assured Nigerians that provisions have been made for adequate supply of logistics towards the attainment of credible elections in 2023. The Newly appointed Corps Marshal of the Federal Road Safety Corps (FRSC), Dauda Biu, has assured Nigerians of...