Former President Olusegun Obasanjo today, at the ongoing 24th Annual General Meeting of the African Export-Import Bank (AFREXIMBANK) in Kigali, called for the adoption of single currency for ECOWAS to boost trade.
Acting President Signs 4th Executive Order on Amnesty to Tax Offenders
The Acting President, Prof. Yemi Osinbajo, SAN, today signed the 4th Executive Order on Tax Amnesty to tax defaulters. The Federal Government had earlier on Thursday launched its Voluntary Asset and Income Declaration Scheme (VAIDS) to broaden the country’s tax base and offer incentives for tax evaders.
France To Invest Over €1bn In Nigeria’s Oil and Gas Sector
The French Government says it has set aside about one billion euros to be invested in Nigeria’s Oil and Gas industry.
FCT Landlords, Tenants Protest Outrageous Electricity Bills
The Landlords, Tenants, Residents Association (LATRA) of Aku and AMAC Estates in Lugbe, FCT on Wednesday staged a peaceful protest over high estimated electricity bills by the Abuja Electricity Distribution Company (AEDC).
Training Of 7, 500 Tax Advocates Has Commenced - FG
The Federal Government says it has commenced the training of 7,500 graduates set to be deployed to rural communities for enforcement of tax laws. The Minister of Finance, Kemi Adeosun who made this disclosure after visiting the first batch of about 27 graduates selected from the N-Power social intervention scheme for the exercise stated that the aim of the move was to increase the nation's Internally Generated Revenue (IGR) while reducing over dependence on oil revenue.
28 Ships Laden With Food Items, Petrol To Arrive Lagos Port
About twenty eight ships laden with food items, petroleum products and other goods will arrive at the various ports in Lagos between June 28 and July 10.
Etisalat vs Banks: CBN, NCC intervene to save jobs, Asset Stripping
The Central Bank of Nigeria (CBN) on Friday, June 23, 2017 said the apex Bank and the Nigeria Communications Commission (NCC) have decided to intervene in the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the telecom company by the banks, in order to prevent job losses and asset stripping.
Minerals Exploration & Mining Companies To Show Proof Of 50% Working Capital
In a bid to ensure that only serious investors are granted access to the country’s minerals assets, the Federal Ministry of Mines and Steel Development, Wednesday, issued new guidelines for prospective mineral title applications.
Federal Government Set To Train Farmers On Best Agronomy Practices
The Federal Government is set to train farmers on best agronomic practices for yam farming to avoid rejection of the produce at the international markets. This was disclosed by Prof. Simon Irtwange, Chairman Technical Committee on Nigeria Yam Export Programme in Abuja on Monday.
Dangote Refinery Will Meet 100% Daily National Fuel & Kerosene Demands – Group Executive Director
The massive 650,000 bpd Dangote Petrochemicals Refinery in Lagos will upon completion, meet national consumption demands for gasoline (fuel), diesel, aviation fuel and kerosene.
Tax Defaulters To Get Five Years Jailed Term, Forfeit Assets
The Minister of Finance, Mrs Kemi Adeosun has disclosed that tax defaulters in the country risk at least five years jail and asset forfeiture.