News

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 …

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, …

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 …

  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 …

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 …

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 …

Kemi Adeosun, Finance Minister The 36 states of the Federation have so far withdrawn about N593.1 billion from the Federation Account, as revenue generated in the first quarter of 2018.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 …

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 …

Airtel Nigeria said that it received the ‘Grand Prix’ award and three other prizes in the telecoms category at the 2018 African Cristal Awards for its smart recharge campaign. According to a statement by the firm, its smart recharge campaign themed ‘Prayer Warrior (Amin)’ won the Grand Prix, Grand Cristal …

Dufil Prima Foods has acquired May and Baker noodles factory for N775m. The Financial Adviser/Solicitor of Dufil Prima Foods, Nnenna Ejekam, was quoted in a statement as saying that the acquisition was completed following the approvals by the boards of directors and shareholders of the two companies and the Securities …