Tax Bill: Tinubu Rejects NEC’s Proposal

Tax Bill: Tinubu Rejects NEC’s Proposal

President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the council follow the “legislative process.” In a statement on Friday, Tinubu’s spokesperson, Bayo Onanuga, said the president emphasized that any input...
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Northern Govs Faults Proposed Tax Reform Bill

Northern Govs Faults Proposed Tax Reform Bill

The Northern Governors Forum has kicked against the proposed  Tax Reform Bill that was forwarded to the National Assembly.  It stated that the proposed tax bill is against the interests of the North and other sub-nationals. In a communique read...
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Benin Port Project: Transaction Adviser Issues Request For Proposal To Bidders

Benin Port Project: Transaction Adviser Issues Request For Proposal To Bidders

The Chairman of the Benin Port Project, Engr. Greg Ogbeifun working with the Project Transaction Advisers, CPCS, has disclosed that the Request for Proposal (RFP) for the port project has been issued to bidders by the Transaction Adviser, CPCS. In...
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FEC Approves NIMASA, NPA, NRC Contract Proposals

FEC Approves NIMASA, NPA, NRC Contract Proposals

The Federal Executive Council (FEC) has approved contract for clearing of equipment for the Deep Blue Project.   Briefing Journalists after the FEC meeting on Wednesday, Minister of Transportation, Rotimi Amaechi explained that the N2.8bilion contrac...
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Outcry Over South Africa’s Multiple Husbands Proposal

Outcry Over South Africa’s Multiple Husbands Proposal

A proposal by the South African government to legalise polyandry – when a woman has more than one husband at the same time – has led to howls of protest from conservative quarters.  This does not surprise Professor Collis Machoko,...
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WFE Explains Proposal On Registration, Alternative Compliance For Non-U.S. Derivatives

WFE Explains Proposal On Registration, Alternative Compliance For Non-U.S. Derivatives

The World Federation of Exchanges (WFE) has published a letter to the Commodity Futures Trading Commission (CFTC) concerning two proposals that stand to impact the supervision of non-US central counterparties (CCPs) – namely, its Proposal on the Registration...
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Nigerian Proposes N9.79t Budget For 2020

Nigerian Proposes N9.79t Budget For 2020

The Nigerian Government will propose to the National Assembly about N9.79 trillion as total expenditure in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. Mrs Ahmed announced this on Tuesday in Abuja at...
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