import
26 Aug
Olam Agri and the National Association of Nigerian Traders (NANTS) have expressed scepticism over the food import waiver policy by the federal government to tackle the current food crisis in the country. They stressed the need for the government to take into consideration that the importation process from the country of origin takes about 3-4…
30 May
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended that the federal government adopt an exchange rate of ₦800 per dollar for Customs import duty. This proposal was announced by the committee’s chairman, Taiwo Oyedele, during a press briefing in Lagos on Thursday. Oyedele highlighted the challenges businesses face due to the volatility…
22 Apr
Investigations have revealed how Nigerian automobile dealers conceal vehicles with minor dents as salvage cars to qualify for 40 to 60 per cent duty rebates for such vehicles, a practice that may have become a survival measure against lull in the retail sector...
Latest
4 mins ago
The National Hajj Commission of Nigeria (NAHCON) has constituted a 32-man screening and Aviation Monitoring Committee for 2025 Hajj air carriers and cargo conveyors. Also inaugurated was a six-man secretariat for the Committee which sets the pace for a series of activities that will culminate in the selection of pilgrims' air carriers as well as…
6 mins ago
The Lord Mayor of Leeds City, United Kingdom, on Tuesday, advocated a multidimensional strategy to boost the falling standard of education in Nigeria. Katung made the call while delivering the 22nd convocation lecture of the Igbinedion University titled “Education for National Impact” in Edo State. The United Kingdom Mayor underscored the need for quality education…
13 mins ago
While Nigeria is working to reform its tax system to enable it to generate more revenue to run government business, the Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has advised that Nigeria needs to diversify its revenue streams by exploring alternative sources like tourism, agriculture, technology, and natural resources extraction to…
19 mins ago
Farmers in Taraba State have been encouraged to make use of the recently distributed agricultural inputs to enhance livestock production. Making the call at the official flag-off of the distribution of fodder choppers, residue crushers, pasture seeds, and fodder shrub seedlings, the commissioner of Agriculture and Food Security, Professor Nicolas O. Namessan, emphasised that the…
19 mins ago
The Benue State Income and Expenditure Commission of Inquiry for 2024 has issued a fresh summons to Chief Titus Tartenger Zam, who was the former Special Adviser to the former Governor of Benue State on the Bureau of Local Government and Chieftaincy Affairs, alongside three other key officials from the Bureau. Zam, now a Senator,…
19 mins ago
It is obvious that English language is a foreign language Nigerians have agreed to adopt to solve some of the communication problems we face in Nigeria as a result of multiplicity of languages. Worthy of note is also the fact that the acquisition of the language is highly problematic. On one hand, it does not…
24 mins ago
President Bola Tinubu will tomorrow, Wednesday, depart Abuja to begin a state visit to France in honour of an invitation from President Emmanuel Macron. According to the Presidency in a statement, President Tinubu's three-day visit will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture and security.…
27 mins ago
The Vice-Chancellor of Ajayi Crowther University, Oyo Town, Professor Timothy Adebayo, on Monday, said the institution will confer degrees on 2,679 students during its 16th convocation ceremony, with 86 graduates earning First-Class honours. Adebayo, who spoke at a press conference heralding the convocation, disclosed that 1,230 students will graduate with Second Class Honours (Upper Division),…
30 mins ago
Katsina State Government said it plans to expend N20.4 billion for debt servicing in the 2025 fiscal year. The Katsina State Budget and Economic Planning Commissioner, Bello Kagara, stated this on Tuesday while giving a recurrent expenditure breakdown of next year's budget estimate. Kagara said the state government expended about N19 billion to service debts…
32 mins ago
The Presidency has knocked former President Olusegun Obasanjo following news of that trucks have started loading Premium Motor Spirit (PMS) at the Port Harcourt refinery. In 2023, Obasanjo expressed the belief that Nigeria's refineries won't work as long as they were controlled by government. He also stated that based on information he got from Shell…