Federal – Page 64 – City Business News

August 10, 2023 No Responses

Committee Projects FIRS As Sole Revenue Collection Agency For FG

Barring last-minute adjustment, a proposal by the Presidential Committee on Tax Policy and Fiscal Reforms may stop about 63 Ministries, Department and Agencies (MDA) from collecting revenue on behalf of the Federal Government. Some of the agencies are the Nigerian...

August 9, 2023 No Responses

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port f...

August 8, 2023 No Responses

Nigeria To Remove Taxes On Tomatoes, Raw Food Items

The Federal Government will soon end taxes on tomatoes and other raw food items, Chairman, Joint Tax Board (JTB), Mr Muhammad Nami, disclosed on Monday. Nami stated this on Monday at the 153rd JTB meeting with theme: “Harmonisation and codification...

August 8, 2023 No Responses

Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues, Says Muhammad Nami, Chairman Joint Tax Board

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary reforms that would yield long term benefits. This was the position stated by the Chairman...

August 8, 2023 No Responses

NAFDAC Gazettes Two Regulations On Fat, Oil

THE National Agency for Food and Drug Administration and Control (NAFDAC) says the body has gazette the reviewed Fats, Oil and Food containing Fats and Oil Regulation 2022, in a bid to safeguard the health of Nigerians. Prof. Mojisola Adeyeye...

August 7, 2023 No Responses

Niger Republic Shuts Airspace

Niger’s coup leaders have closed the country’s airspace until further notice, citing the threat of military intervention from their neighbours. Flight tracking website Flightradar24 is showing that there are currently no aircraft in Niger’s s...

August 7, 2023 No Responses

Customs Boss Warns Against Compromise In Benin, Cameroon Borders

The Acting Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, has warned against any compromise in Benin Republic, Cameroon and other borders following the closure of entries into Niger Republic.As a result of the military coup in Niger,...

August 6, 2023 No Responses

World Bank To Fund 1,000 Solar Power Grids In Nigeria

The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and private sector, the lender’s president Ajay Banga said on Saturday. Nigeria, with a popula...

August 4, 2023 No Responses

Customs Boss Visits IGP, Seeks Collaboration

The Acting Comptroller-General of Customs, Bashir Adewale Adeniyi, on Thursday, paid a courtesy visit to the Ag. Inspector General of Police, Kayode Egbetokun, at the Force Headquarters, Abuja. Addressing the leadership of the Force, the CGC, Adewale Adeniyi c...

August 3, 2023 No Responses

Deepen Partnership With Africa, Tinubu Urges UK

President Bola Tinubu has urged the United Kingdom to strengthen its partnership with Nigeria and the African continent through increased investments across various sectors. He made the call on Wednesday when he received the United Kingdom’s ...

August 3, 2023 No Responses

NIMASA Set To Deploy Modular Floating Dock

The Nigerian Maritime Administration and Safety Agency, NIMASA has taken over areas leased to it by the Nigerian Ports Authority (NPA) at the Continental Shipyard for the operations of the Modular Floating Dock. According to NIMASA, the areas include but...

July 31, 2023 No Responses

Resident Doctors Insist On Indefinite Strike

The Nigerian Association of Resident Doctors (NARD) says the ongoing nationwide strike action embarked upon by its members on Wednesday may continue indefinitely. t added that the strike would continue until reasonable progress was made by the government to ad...

July 31, 2023 No Responses

Elders Council Urges NDDC To Tackle Flood In Bayelsa

The Bayelsa Elders Council has urged the Niger Delta Development Commission, NDDC, to collaborate with other development agencies and state governments to find a lasting solution to the perennial flood ravaging the Niger Delta region. Chairman of the Council a...

July 30, 2023 No Responses

Customs M.M Airport Command Generates N38b In Six Months

Between January and June 2023, the Murtala Muhammed Airport MMA Command of the Nigeria Customs Service (NCS) generated N38,707,054, 216.44 representing 79.6 percent of the annual revenue target met. The Area Command Controller, M.S Yusuf in a statement explain...