NIgeria’s 1999 Constitution, by placing ownership of natural resources exclusively in the hands of the central government, creates a dis-incentive for economic diversification, says Professor Kingsley Moghalu, former Deputy Governor …
Business
-
Business
Customs Hands Over Suspect Arrested With $184,800, SAR1.7m in Baby Diapers To EFCC
by editorby editorArea Comptroller in charge of Kano/Jigawa Command of the Nigeria Customs, Suleiman Pai Umar on Thursday July 1, 2021 handed over one Sabo Suleiman to the Kano Zonal Office of …
-
The Federal Inland Revenue Service (FIRS) has granted a one-off one-month extension for the filing of Company Income Tax returns by taxpayers with December 31, 2020 accounting year-end whose statutory …
-
Business
13 years after, ‘demon’ of Petroleum Industry Bill floored as National Assembly passes contentious bill
by editorby editorWith drama, the contentious Petroleum Industry Bill, PIB, may have sailed through the two Houses of the National Assembly, bringing to an end the contention that has dogged its passage …
-
Business
Senate delays N895b supplementary budget request for security, Covid-19 by another week; scales second reading in House
by editorby editorThe Senate will next Tuesday consider President Muhammadu Buhari’s request to the National Assembly for the approval of N895.84 billion naira as supplementary budget for the 2021 fiscal year, another …
-
Business
Senate begins debate PIB report Thursday, but PDP House leader says it is an emotional bill
by editorby editorThe Senate on Tuesday received the report of the Joint Committee on Petroleum (Downstream); Petroleum (Upstream) and Gas Resources on the Petroleum Industry Bill, 2021. But for the Leader of …
-
Business
Contract Agreement: New Guidelines Coming For Govt Negotiators – VP Osinbajo, Owasanoye
by editorby editorRelease By Mrs. Azuka Ogugua, ICPC Spokesperson ▪︎ Poor Contract Negotiations Fueled by Corruption, Lack of Transparency – VP ▪︎ More Focus on Dispute Resolution Clauses in Contract Agreements – …
-
Business
How Google, Twitter, Facebook, others will be taxed in Nigeria, by Osinbajo
by editorby editorThey may not be on ground in Nigeria, but global technology and digital firms making good money here can still be taxed, Vice President, Professor Yemi Osinbajo SAN, has said …
-
Of the N895b supplementary budget sent for National Assembly approval, not less than N722 billion will cover security and defence purposes. And, according to Vice President Yemi Osinbajo, the supplementary …
-
Release By Dr Abdullahi Ismaila Ahmad, Director, Communications and Liaison Department, Federal Inland Revenue Service The Federal High Court sitting in Abuja has commenced the hearing of a case of …