Minister – Page 48 – City Business News

January 31, 2024 No Responses

Court Adjourns Suit Against Proof Of Vehicle Ownership Levy

A Federal High Court sitting in Abuja has adjourned a suit seeking to stop the imposition of an annual levy for a certificate of proof of vehicle ownership in the country till March 4, 2024. The Federal Government had in...

January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federati...

January 31, 2024 No Responses

Edo Attains N62b IGR In 2023

Despite a challenging economic crisis fueled by the removal of fuel subsidy, Edo State Internally Generated Revenue (IGR) grew by over 40 percent in 2023, recording N17bn increase from the N45bn generated in 2022. The Chairman, Edo Taskforce on Internally...

January 30, 2024 No Responses

NDDC Partners Indigenous Firm In Cassava Starch Production

Niger Delta Development Commission (NDDC) is prepared to go into partnership with an indigenous cassava starch manufacturing factory in Sagbama Local Government Area of Bayelsa State as part of measures to create job opportunities for the youths.The NDDC Execu...

January 28, 2024 No Responses

NDDC Trains 200 Youths On Welding, Fabrication

The Niger Delta Development Commission (NDDC) has trained 200 youths across the Niger Delta region in welding and fabrication, in recognition of the importance of the skills in the engineering sector, especially in oil and gas, construction and manufacturing.S...

January 27, 2024 No Responses

WCO Honours NPA MD, Bello-Koko

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, has bagged a Merit Award from the World Customs Organization (WCO) on the occasion of the International Customs Day, 2024. Mohammed Bello has since appointment as MD/ CEO of NPA...

January 26, 2024 No Responses

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign...

January 26, 2024 No Responses

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which was held on the sidelines of a...

January 25, 2024 No Responses

FIRS Targets N19tri In 2024, Attains N12tri In 2023

For the year 2023, the Federal Inland Revenue Service (FIRS), collected N12.374 trillion as tax revenue, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji disclosed this at the opening of a two-day strategic management ...

January 25, 2024 No Responses

Lekki Seaport To Receive First LNG-Powered Boxship January 28

CMA CGM Scandola, the first LNG-powered containership of the French shipping company, CMA CGM is scheduled to arrive Lekki Seaport, Lagos, Nigeria, January 28, 2024. Before reaching Lekki, the vessel is scheduled to first call the port of Tema, Ghana...

January 25, 2024 No Responses

Edo Seals 108 Unregistered Health Facilities

The Edo State Government has stepped up regulation of the State’s health sector, sealing off over 108 unregistered health facilities for various unsafe medical practices and failing several quality assurance checks, thereby endangering the lives of millions ...

January 24, 2024 No Responses

FG, States, LGs Share N1.1trillion

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account All...

January 24, 2024 No Responses

Expert Tasks FG On Listings, Tax Revenue

The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has called on the Federal Government to encourage listings on the nation’s bourse as part of measures to boost capital market participation and tax rev...

January 24, 2024 No Responses

SIFAX Boss Lauds Gerar University On Infrastructure, Donates Bus

SIFAX Group Chairman and the newly-appointed Chancellor of the Gerar University of Medical Sciences, Imope-Ijebu, Ogun State, Dr. Taiwo Afolabi, has commended the university for the quality of infrastructure at the institution’s campus. Afolabi, who w...