Federal Archives — Page 2 of 140

December 6, 2024 No Responses

South-South Senators Back Tax Reform Bills

The lawmakers under the aegis of the South-South Senators’ Forum stressed the importance of tax reforms in boosting national revenue and fostering economic stability. The bills are the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; the Nigeria Revenue...

December 5, 2024 No Responses

FG Files Suit Against Nigerdock, Seven Directors Over Alleged Tax Evasion

The Federal Government has filed a 6-count criminal charge against Nigerdock Nigeria Limited and seven of its directors over alleged tax evasion. The charge dated November 26 was filed at the Federal High Court, Lagos. The seven directors listed alongside...

December 3, 2024 No Responses

‘Tax Reform Bills Will Not Impoverish North’

The presidency on Monday refuted claims that some sections of the Tax Reform Bills are targeted at impoverishing the northern region of the country. According to the presidency, changing the funding source of agencies such as the Tertiary Education Trust...

December 3, 2024 No Responses

G20, BRICS Membership: Nigeria Seeks South Africa Support

Nigeria has sought South Africa’s backing for its bid to attain full membership in the G20, BRICS and the BRICS New Development Bank (NDB). Nigeria is also seeking South Africa’s support for it to assume leadership roles in thematic discussions...

November 30, 2024 No Responses

Nigeria’s Auto Industry Stakeholders Unite For Road Safety

Lagos, Nigeria’s Centre of Excellence, played host to the 4th edition of the ONTHEHIGHWAYAFRICA Road Safety Campaigns Flag Off on November 20, 2024. The event, organized by JCN Consulting under the leadership of Julie Chi-Nwaoha, Founder/Publ...

November 28, 2024 No Responses

Reps Pass 2025-2027 Medium-Term Framework

The House of Representatives has passed the Medium-Term Expenditure Framework & Fiscal Strategy Paper for 2025-2027. In passing the MTEF, the Committees on Finance, Petroleum Upstream, and Petroleum Downstream were tasked to investigate reports from t...

November 27, 2024 No Responses

Tinubu Tasks NNPCL On Reactivation Of Other Refineries

President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalisation of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on Tuesd...

November 27, 2024 No Responses

Oyetola Harps On National Policy On Marine and Blue Economy

National Policy on Marine and Blue Economy is essential for the development of the Nigerian maritime sector, the Minister of Marine and Blue Economy, Adegboyega Oyetola, declared on Tuesday in Lagos. The Minister stated this while declaring open a stakeholders...

November 25, 2024 No Responses

Nigeria, Brazil Sign MoU To Boost Agribusiness

The Federal Government of Nigeria and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MOU) to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance. According to a sta...

November 21, 2024 No Responses

OYETOLA DEPOSITS THREE ACCESSION INSTRUMENTS AT THE IMO

The Minister of Marine and Blue Economy, Adegboyega Oyetola on Wedneday deposited three Instruments of Accession to IMO Conventions that were signed by President Bola Tinubu, GCFR. This event took place at the headquarters of the International Maritime O...

November 20, 2024 No Responses

Dantsoho Seeks Completion Of International Highway, Rail Routes To Ensure Service Provision To Landlocked Countries

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho has advocated for among other measures, the sustained pursuit and completion of the international highway, and rail routes cutting across Hinterland and Coastal, such as the Nig...

November 20, 2024 No Responses

Presidency Lauds Olukoyede On Reforms, Preventive Frameworks

The Special Adviser to the President on Policy Coordination and Head, Central Delivery Coordination Unit, Hadiza Bala Usman has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede on the laudable reforms in the...

November 18, 2024 No Responses

Nigeria, India Harp On Investment Treaty, Trade, Cooperation

Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements between the two countries. The leaders announced this in a joint statement issued on Sunday in Abuja at the...

November 15, 2024 No Responses

FEC Approves ₦47.9tn 2025 Budget

The Federal Executive Council has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC m...