Mr. Akinyemi Ashade, Lagos State Commission for Finance The Lagos State Government on Monday May 21st, 2018 said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34 billion in 2018 compared to monthly averages of the last three years. Commissioner for Finance, Mr. Akinyemi Ashade who …
Read More »Ambode: Lekki Free Zone, Africa’s Next Investment Destination
Lagos State Governor, Mr. Akinwunmi Ambode, yesterday noted that the sustained flow of investments to the Lekki Free Trade Zone (LFTZ) showed that the state’s free economic zone “is the next investment in Africa.” Africa’s richest man, Alhaji Aliko Dangote, buttressed Ambode’s claim, noting that the combined projects under different …
Read More »Tax evaders have two months left to pay through VAIDS or risk severe punishment – FG
Kemi Adeosun, Finance Minister The Federal Government launched the Voluntary Asset and Income Declaration Scheme (VAIDS) on June 29, 2017 to address the problem of low tax compliance in the country and to generate the much-needed revenue for public expenditure. The launch was greeted with mixed feelings, with some people …
Read More »2019: Buhari does not need nPDP to win – El-Rufai
El Rufai Governor Nasir El-Rufai of Kaduna State has dismissed the fears that President Muhammadu Buhari’s electoral value would diminish if the aggrieved members of the New Peoples Democratic Party pull out of the ruling All Progressives Congress government. In an interview with State House correspondents in Abuja on Tuesday, …
Read More »UTME: JAMB Pays N1b To CBT Centres – Official
The Joint Admissions and Matriculation Board says it has paid about N1 billion to owners of Computer-Based Test centres nationwide for their services for the 2018 Unified Tertiary Matriculation Examination. The board’s Head, Media and Information, Dr. Fabian Benjamin, told the News Agency of Nigeria on Sunday in Lagos that …
Read More »Fashola commissions Mayo Belwa TCN substation, mulls N72bn DisCos’ funding
The Minister of Power, Works and Housing, Mr Babatunde Fashola has commissioned a 132/33KV transmission substation with a 40MVA transformer at Mayo Belwa town in Adamawa state. Fashola also revealed a decision of the federal government to invest N72 billion as a shareholder loan and intervention to the 11 …
Read More »SERAP drags FG to UN over ‘flagrant disregard of court orders’
Buhari Socio-Economic Rights and Accountability Project (SERAP) has petitioned Diego García-Sayán, UN Special Rapporteur on the independence of judges and lawyers requesting him to use his good offices to “prevail on the government of President Muhammadu Buhari to end persistent disobedience of court rulings and orders and uphold the Nigerian …
Read More »Uduaghan: The man gearing for Niger Delta development
By Julius Akpovire Enyeh There are politicians and there are politicians. In Delta State, they also abound in different shades and characters, so much so that if awards were to be doled out today, there would be a lot of pretenders amongst them as far as the development of the …
Read More »How states shared N593.1bn in 3 months –FG
Kemi Adeosun, Finance Minister The 36 states of the Federation have so far withdrawn about N593.1 billion from the Federation Account, as revenue generated in the first quarter of 2018. The breakdown was contained in the monthly Federation Account Allocation Committee (FAAC) report obtained by the News Agency of Nigeria …
Read More »ICPC re-arraigns ex-IGP Ehindero over alleged fraud
Independent Corrupt Practices Commission, ICPC, yesterday, re-arraigned a former Inspector-General of Police, Mr. Sunday Ehindero, on a six-count corruption charge. The ex-IGP was docked before an Abuja High Court sitting at Apo, alongside a former police commissioner, Mr. John Obaniyi. The defendants pleaded not guilty to the charges of fraud …
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