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Exclusive Reports

09
Thu, May

The Minister of Finance, Kemi Adeosun

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.

Mrs. Winifred Oyo-Ita- Head of the Civil Service of the Federation

The Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has stated that training and retraining of Federal Public Servants is essential to development of the nation and will no longer be a welfare package used to douse Labour tensions.

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.

Acting President, Professor Yemi Osinbajo

The Acting President, Professor Yemi Osinbajo, who chairs the NCP noted that the council has successfully handled the privatisation and reformation of 142 public enterprises since inception.

Nigeria's distributable government revenues rose to in May from 415.7 billion naira in April due to higher proceeds from corporate taxes, a government statement said during the Federal Accounts Allocation Committee (FAAC) meeting on Thursday.

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